H. Lundbeck A/S (OTCMKTS:HLUYY) Shares Pass Below Fifty Day Moving Average – Here’s Why

H. Lundbeck A/S (OTCMKTS:HLUYY) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $22.00 and traded as low as $22.00. H. Lundbeck A/S shares last traded at $22.00, with a volume of 7,500 shares.

H. Lundbeck A/S Stock Performance

The stock has a fifty day simple moving average of $22.00 and a two-hundred day simple moving average of $22.00. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.71 and a current ratio of 1.15. The stock has a market cap of $21.91 billion, a price-to-earnings ratio of 25.00 and a beta of 0.68.

H. Lundbeck A/S Company Profile

H. Lundbeck A/S, a biopharmaceutical company, engages in the research, development, production, and sale of pharmaceuticals for the treatment of psychiatric and neurological disorders in Europe, North America, and internationally. The company's principal products include Abilify Maintena for schizophrenia; Brintellix/Trintellix to treat depression; Northera for the treatment of symptomatic neurogenic orthostatic hypotension; Vyepti for migraine prevention; and Rexulti/Rxulti to treat depression/schizophrenia.