Pharma Mar (OTCMKTS:PHMMF) Shares Up 17.7% – Here’s Why

Pharma Mar, S.A. (OTCMKTS:PHMMFGet Free Report)’s stock price traded up 17.7% during mid-day trading on Monday . The company traded as high as $88.24 and last traded at $88.24. 4,000 shares were traded during mid-day trading, an increase of 725% from the average session volume of 485 shares. The stock had previously closed at $75.00.

Pharma Mar Stock Performance

The company’s fifty day moving average price is $79.78 and its two-hundred day moving average price is $60.89. The company has a current ratio of 2.55, a quick ratio of 2.01 and a debt-to-equity ratio of 0.14.

About Pharma Mar

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Pharma Mar, SA, a biopharmaceutical company, engages in the research, development, production, and commercialization of bio-active principles for the use in oncology in Spain, Italy, Germany, Ireland, France, rest of the European Union, the United States, and internationally. The company operates through Oncology and RNA Interference segments.

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