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Hikma Pharmaceuticals Executive Vice Chairman Acquires Shares

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Hikma Pharmaceuticals Executive Vice Chairman Acquires Shares

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The latest update is out from Hikma Pharmaceuticals ( (GB:HIK) ).

Hikma Pharmaceuticals announced a transaction involving Mazen Darwazah, the Executive Vice Chairman, who purchased 14,000 ordinary shares at £16.03 each, totaling £224,417.76, on the London Stock Exchange. This transaction is part of the company’s regulatory disclosure obligations under the EU Market Abuse Regulation, indicating continued confidence in the company’s market position and potential positive implications for stakeholders.

The most recent analyst rating on (GB:HIK) stock is a Buy with a £1982.00 price target. To see the full list of analyst forecasts on Hikma Pharmaceuticals stock, see the GB:HIK Stock Forecast page.

Spark’s Take on GB:HIK Stock

According to Spark, TipRanks’ AI Analyst, GB:HIK is a Outperform.

Hikma Pharmaceuticals’ overall stock score reflects its strong financial performance and reasonable valuation, tempered by bearish technical indicators and mixed earnings call results. The company’s strategic positioning and growth potential are positive, but current market sentiment and technical trends suggest caution.

To see Spark’s full report on GB:HIK stock, click here.

More about Hikma Pharmaceuticals

Hikma Pharmaceuticals PLC is a multinational pharmaceutical company based in London, operating primarily in the healthcare industry. The company focuses on the development, manufacturing, and marketing of a broad range of branded and non-branded generic medicines, with a significant presence in the Middle East, North Africa, Europe, and the United States.

Average Trading Volume: 555,504

Technical Sentiment Signal: Sell

Current Market Cap: £3.54B

For an in-depth examination of HIK stock, go to TipRanks’ Overview page.

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