Indivior (LON:INDV) Shares Pass Below 200-Day Moving Average - Should You Sell?

Indivior PLC (LON:INDV - Get Free Report)'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,020.41 ($13.28) and traded as low as GBX 773.50 ($10.07). Indivior shares last traded at GBX 789.50 ($10.28), with a volume of 693,400 shares traded.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 1,500 ($19.53) target price on shares of Indivior in a research note on Thursday, September 5th.

Indivior Stock Down 0.3 %

The firm's 50-day simple moving average is GBX 725.74 and its 200-day simple moving average is GBX 1,020.41. The company has a market capitalization of £1.02 billion, a price-to-earnings ratio of -986.88, a price-to-earnings-growth ratio of -5.57 and a beta of 0.19. The company has a debt-to-equity ratio of 2,790.00, a quick ratio of 1.52 and a current ratio of 0.85.

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.