Hikma Pharmaceuticals (OTCMKTS:HKMPY) Trading Down 0.6% – What’s Next?

Hikma Pharmaceuticals PLC (OTCMKTS:HKMPYGet Free Report) was down 0.6% during trading on Tuesday . The stock traded as low as $47.21 and last traded at $47.21. Approximately 203 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 717 shares. The stock had previously closed at $47.50.

Hikma Pharmaceuticals Stock Down 0.6 %

The firm’s 50-day simple moving average is $50.24 and its 200 day simple moving average is $50.15.

Hikma Pharmaceuticals Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Tuesday, August 20th were issued a dividend of $0.62 per share. This represents a yield of 2.98%. The ex-dividend date of this dividend was Monday, August 19th. Hikma Pharmaceuticals’s payout ratio is 10.34%.

Hikma Pharmaceuticals Company Profile

(Get Free Report)

Hikma Pharmaceuticals PLC develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products. It operates through three segments: Injectables, Generics, and Branded. The Injectables segment provides generic injectable products primarily for use in hospitals.

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