Eagle Pharmaceuticals (NASDAQ:EGRX) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Eagle Pharmaceuticals, Inc. (NASDAQ:EGRXGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.52 and traded as low as $0.80. Eagle Pharmaceuticals shares last traded at $1.30, with a volume of 565 shares traded.

Eagle Pharmaceuticals Trading Down 13.3%

The firm has a market cap of $16.88 million, a PE ratio of 1.10 and a beta of 0.83. The stock’s 50 day moving average price is $2.10 and its 200 day moving average price is $2.52.

Eagle Pharmaceuticals Company Profile

(Get Free Report)

Eagle Pharmaceuticals, Inc, a pharmaceutical company, focuses on developing and commercializing product candidates to treat diseases of the central nervous system or metabolic critical care, and oncology in the United States. The company offers Ryanodex for malignant hyperthermia; and Belrapzo and Bendeka for chronic lymphocytic leukemia and indolent B-cell non-Hodgkin’s lymphoma.

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