Concordia International (TSE:CXR) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Concordia International Corp. (TSE:CXRGet Free Report) (NASDAQ:CXRX)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$25.04 and traded as high as C$26.50. Concordia International shares last traded at C$25.04, with a volume of 73,541 shares traded.

Concordia International Price Performance

The firm’s fifty day simple moving average is C$25.04. The company has a quick ratio of 1.66, a current ratio of 2.10 and a debt-to-equity ratio of 457.02. The firm has a market capitalization of C$1.22 billion and a P/E ratio of 0.07.

About Concordia International

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Concordia International Corp., a specialty pharmaceutical company, through its subsidiaries, owns or licenses a portfolio of branded and generic prescription products. The company operates through two segments, Concordia International and Concordia North America. The Concordia International segment owns or licenses a portfolio of branded and generic prescription products to wholesalers, hospitals, and pharmacies.

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