bioMérieux (OTCMKTS:BMXMF) Share Price Passes Below 50 Day Moving Average – Should You Sell?

bioMérieux S.A. (OTCMKTS:BMXMFGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $116.05 and traded as low as $110.57. bioMérieux shares last traded at $110.57, with a volume of 9 shares changing hands.

Analysts Set New Price Targets

Separately, UBS Group raised shares of bioMérieux to a “strong-buy” rating in a research report on Thursday, August 22nd.

Check Out Our Latest Analysis on BMXMF

bioMérieux Stock Performance

The stock’s 50 day moving average price is $116.05 and its 200 day moving average price is $107.54.

bioMérieux Company Profile

(Get Free Report)

bioMérieux SA develops and produces in vitro diagnostic solutions for the diagnosis of infectious diseases in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers systems that use biological samples, such as blood, saliva, urine, etc. for the diagnosis of infectious diseases, including bacterial infections, parasitic infections, and viral infections; and microbiological control of production or the production environment primarily for food, pharmaceutical, and cosmetic industries.

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