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

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 trading hands.

Analyst Upgrades and Downgrades

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

Indivior Stock Performance

The stock has a market capitalization of £1.01 billion, a price-to-earnings ratio of -961.25, a price-to-earnings-growth ratio of -5.57 and a beta of 0.19. The company has a quick ratio of 1.52, a current ratio of 0.85 and a debt-to-equity ratio of 2,790.00. The stock’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.