UCB (OTCMKTS:UCBJY) Shares Gap Up – Still a Buy?

UCB SA (OTCMKTS:UCBJY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $114.20, but opened at $119.47. UCB shares last traded at $120.66, with a volume of 8,702 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Jefferies Financial Group upgraded shares of UCB from a “moderate sell” rating to a “hold” rating in a research report on Monday, August 3rd. Zacks Research downgraded shares of UCB from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Read Our Latest Research Report on UCBJY

UCB Stock Performance

The business has a 50 day moving average of $120.68 and a 200-day moving average of $134.92.

About UCB

(Get Free Report)

UCB SA is a Belgium-based biopharmaceutical company focused on developing and commercializing medicines for severe diseases in neurology and immunology. The company serves patients and healthcare professionals internationally, with operations and commercial activities spanning Europe, North America and other global markets.

UCB’s neurology portfolio includes medicines such as Vimpat (lacosamide) and Briviact (brivaracetam) for epilepsy, as well as Fintepla (fenfluramine) for certain seizure disorders.

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