Amryt Pharma (LON:AMYT) Share Price Passes Below 50-Day Moving Average – Here’s Why

Shares of Amryt Pharma plc (LON:AMYTGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 143 ($1.85) and traded as low as GBX 143 ($1.85). Amryt Pharma shares last traded at GBX 143 ($1.85), with a volume of 90,726 shares traded.

Amryt Pharma Price Performance

The business has a fifty day simple moving average of GBX 143 and a two-hundred day simple moving average of GBX 143. The company has a current ratio of 1.80, a quick ratio of 1.14 and a debt-to-equity ratio of 66.05. The stock has a market cap of £457.11 million and a PE ratio of -4.33.

About Amryt Pharma

(Get Free Report)

Amryt Pharma plc, a commercial-stage biopharmaceutical company, develops and commercializes novel therapeutics to treat patients suffering from serious and life-threatening rare diseases. The company offers Lomitapide for the treatment of homozygous familial hypercholesterolemia; and Metreleptin for the treatment of generalized and partial lipodystrophy.

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