Indivior (LON:INDV) Stock Crosses Above 50-Day Moving Average – What’s Next?

Shares of Indivior PLC (LON:INDVGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,238 ($16.54) and traded as high as GBX 1,264 ($16.89). Indivior shares last traded at GBX 1,238 ($16.54), with a volume of 8,457,898 shares changing hands.

Indivior Stock Up 1.6%

The company’s fifty day moving average price is GBX 1,238 and its 200-day moving average price is GBX 1,067.23. The stock has a market capitalization of £1.93 billion, a PE ratio of -1,026.48, a price-to-earnings-growth ratio of -5.57 and a beta of 0.19. The company has a quick ratio of 1.52, a current ratio of 0.83 and a debt-to-equity ratio of -170.06.

About Indivior

(Get Free Report)

Indivior PLC, together with its subsidiaries, engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and co-occurring disorders in the United States, the United Kingdom, and internationally. The company develops medicines to treat substance use disorders, serious mental illnesses, and opioid overdose.

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