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Cipher Pharmaceuticals (TSE:CPH) Share Price Crosses Below 50 Day Moving Average - Should You Sell?

Cipher Pharmaceuticals logo with Medical background

Cipher Pharmaceuticals Inc. (TSE:CPH - Get Free Report) NASDAQ: CPHR's share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$13.90 and traded as low as C$12.65. Cipher Pharmaceuticals shares last traded at C$12.65, with a volume of 18,572 shares traded.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus decreased their price objective on shares of Cipher Pharmaceuticals from C$19.00 to C$17.00 in a report on Monday, November 11th.

Read Our Latest Stock Analysis on Cipher Pharmaceuticals

Cipher Pharmaceuticals Price Performance

The company has a 50 day moving average of C$13.90 and a 200 day moving average of C$14.97. The company has a current ratio of 2.00, a quick ratio of 2.67 and a debt-to-equity ratio of 41.22. The firm has a market cap of C$227.11 million, a price-to-earnings ratio of 13.97 and a beta of 1.20.

Cipher Pharmaceuticals Company Profile

(Get Free Report)

Cipher Pharmaceuticals Inc is a specialty pharmaceutical company. Its products include Dermatology Products, Hospital Acute Care Products, and Out-Licensed Products among others. The company's geographical segments include Canada and the United States.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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