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Cipher Pharmaceuticals (TSE:CPH) Stock Price Passes Below 50-Day Moving Average - Time to Sell?

Cipher Pharmaceuticals logo with Medical background

Cipher Pharmaceuticals Inc. (TSE:CPH - Get Free Report) NASDAQ: CPHR shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$14.44 and traded as low as C$13.40. Cipher Pharmaceuticals shares last traded at C$13.74, with a volume of 34,029 shares.

Analyst Ratings Changes

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

Get Our Latest Stock Report on CPH

Cipher Pharmaceuticals Trading Down 0.2 %

The company has a debt-to-equity ratio of 0.33, a current ratio of 11.18 and a quick ratio of 2.67. The stock has a 50-day moving average price of C$14.34 and a two-hundred day moving average price of C$14.78. The stock has a market cap of C$340.35 million, a PE ratio of 10.64 and a beta of 1.20.

Cipher Pharmaceuticals (TSE:CPH - Get Free Report) NASDAQ: CPHR last released its quarterly earnings data on Thursday, November 7th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.03 by C($0.02). The firm had revenue of C$14.15 million during the quarter, compared to the consensus estimate of C$13.37 million. Cipher Pharmaceuticals had a return on equity of 28.43% and a net margin of 102.01%. Sell-side analysts forecast that Cipher Pharmaceuticals Inc. will post 1.2907348 earnings per share for the current fiscal year.

Cipher Pharmaceuticals Company Profile

(Get Free Report)

Cipher Pharmaceuticals Inc operates as a specialty pharmaceutical company in Canada. It offers Epuris (isotretinoin), an oral retinoid indicated for the treatment of severe nodular and/or inflammatory acne, acne conglobate, and recalcitrant acne; Actikerall, a topical solution indicated for the treatment of slightly palpable and/or moderately thick hyperkeratotic actinic keratosis (Grade I/II) of the face, forehead, and balding scalp; Ozanex for the topical treatment of impetigo; Vaniqa, a topical cream for the slowing of the growth of unwanted facial hair in women; Durela, an opioid analgesic for the management of moderate to moderately severe pain in adults; Brinavess for the rapid conversion of onset atrial fibriallation to sinus rhythm in adults; and Aggrastat, a reversible GP IIb/IIIa inhibitor for use in patients with Acute Coronary Syndrome.

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