HUTCHMED (LON:HCM) Reaches New 12-Month Low – Time to Sell?

HUTCHMED (China) Limited (LON:HCM)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 170 and last traded at GBX 175, with a volume of 14706 shares traded. The stock had previously closed at GBX 174.

HUTCHMED Stock Up 0.6%

The business’s fifty day moving average price is GBX 201.10 and its 200 day moving average price is GBX 209.85. The company has a market capitalization of £1.50 billion, a P/E ratio of 3.30 and a beta of 0.45. The company has a current ratio of 4.96, a quick ratio of 2.97 and a debt-to-equity ratio of 7.91.

About HUTCHMED

We are among the first global-focused novel drug discovery companies in China. Over the past two decades, we have established a fully integrated R&D platform with world-class discovery and development capabilities. Since inception, we have focused on bringing cancer drug candidates from in-house discovery to patients around the world, with our first three oncology medicines now approved marketed in China, the first of which is also marketed in the U.S.

We have also developed a profitable commercial platform with deep pan-China market access, which manufactures, markets and distributes our novel oncology products, as well as prescription drugs and consumer health products in China.

HUTCHMED is listed on the Nasdaq Global Select Market, the Stock Exchange of Hong Kong Limited and the London Stock Exchange’s AIM market (Nasdaq/AIM:HCM; HKEX:13).