Orion OYJ (OTCMKTS:ORINY) Shares Gap Up – Still a Buy?

Orion OYJ Unsponsored ADR (OTCMKTS:ORINYGet Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $38.92, but opened at $42.09. Orion OYJ shares last traded at $42.09, with a volume of 260 shares traded.

Orion OYJ Trading Up 8.1%

The company’s 50 day simple moving average is $38.42 and its 200-day simple moving average is $38.73. The firm has a market cap of $11.88 billion, a P/E ratio of 17.32 and a beta of 0.08. The company has a quick ratio of 1.13, a current ratio of 1.77 and a debt-to-equity ratio of 0.10.

Orion OYJ (OTCMKTS:ORINYGet Free Report) last issued its quarterly earnings results on Friday, July 17th. The company reported $0.58 earnings per share for the quarter. Orion OYJ had a return on equity of 51.86% and a net margin of 28.52%.The firm had revenue of $606.38 million for the quarter.

About Orion OYJ

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Orion Corporation (Orion Oyj) is a Finland-based pharmaceutical company engaged in the research, development, manufacture and marketing of human and veterinary medicines as well as diagnostic tests. The company’s core therapeutic areas include central nervous system disorders, oncology and respiratory diseases, and it offers both proprietary and generic products. Orion’s product range spans from small-molecule drugs and active pharmaceutical ingredients to radiodiagnostic imaging agents and line extensions developed through in-house research.

Since its founding in 1917 in Helsinki, Orion has grown into an integrated pharmaceuticals business with state-of-the-art manufacturing facilities in Finland and France.

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