Indivior (LON:INDV) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Shares of Indivior PLC (LON:INDV) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 712.52 ($9.03) and traded as high as GBX 787.50 ($9.98). Indivior shares last traded at GBX 769 ($9.75), with a volume of 273,799 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,500 ($19.01) price objective on shares of Indivior in a research note on Thursday, September 5th.

Indivior Trading Up 1.9 %

The stock has a market capitalization of £1.01 billion, a P/E ratio of -961.25, a PEG ratio of -5.57 and a beta of 0.19. The company has a debt-to-equity ratio of 2,790.00, a current ratio of 0.85 and a quick ratio of 1.52. The business’s 50 day simple moving average is GBX 712.52 and its 200-day simple moving average is GBX 992.

Indivior Company Profile

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.