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

Indivior PLC (LON:INDV - Get Free Report)'s stock price crossed 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 traded.

Analysts Set New Price Targets

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

Indivior Stock Performance

The company has a debt-to-equity ratio of 2,790.00, a current ratio of 0.85 and a quick ratio of 1.52. The firm has a fifty day moving average price of GBX 712.52 and a two-hundred day moving average price of GBX 992. The stock has a market capitalization of £1.00 billion, a PE ratio of -979.38, a P/E/G ratio of -5.57 and a beta of 0.19.

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.