Indivior (LON:INDV) Shares Cross Below 200 Day Moving Average - Here's What Happened

Indivior PLC (LON:INDV - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 840.40 ($10.75) and traded as low as GBX 659.50 ($8.44). Indivior shares last traded at GBX 699.50 ($8.95), with a volume of 893,588 shares.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a "buy" rating and set a GBX 1,800 ($23.03) price objective on shares of Indivior in a report on Tuesday, December 17th.

Indivior Price Performance

The stock has a market capitalization of £1.18 billion, a P/E ratio of -626.00, a price-to-earnings-growth ratio of -5.57 and a beta of 0.19. The business's 50 day simple moving average is GBX 885.66 and its two-hundred day simple moving average is GBX 831.98. The company has a quick ratio of 1.52, a current ratio of 0.83 and a debt-to-equity ratio of -170.06.

About Indivior

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.