Aspen Pharmacare (OTCMKTS:APNHY) Hits New 12-Month Low – Here’s What Happened

Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $8.93 and last traded at $8.93, with a volume of 400 shares changing hands. The stock had previously closed at $9.33.

Aspen Pharmacare Trading Down 4.3 %

The company’s 50-day moving average price is $10.35 and its 200-day moving average price is $11.71. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.81 and a quick ratio of 1.07.

Aspen Pharmacare Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, October 8th. Investors of record on Friday, September 20th were given a dividend of $0.1202 per share. The ex-dividend date was Friday, September 20th.

About Aspen Pharmacare

Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand.