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Indivior (LON:INDV) Stock Passes Below 200 Day Moving Average - Here's Why

Indivior logo with Medical background
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Indivior PLC (LON:INDV - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 811.18 ($10.49) and traded as low as GBX 733.50 ($9.48). Indivior shares last traded at GBX 746 ($9.65), with a volume of 9,229,962 shares traded.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 1,800 ($23.27) price objective on shares of Indivior in a research note on Tuesday, December 17th.

View Our Latest Research Report on Indivior

Indivior Stock Down 3.2 %

The company has a current ratio of 0.83, a quick ratio of 1.52 and a debt-to-equity ratio of -170.06. The firm's 50 day simple moving average is GBX 803.99 and its 200-day simple moving average is GBX 808.12. The stock has a market capitalization of £1.14 billion, a price-to-earnings ratio of -607.35, a price-to-earnings-growth ratio of -5.57 and a beta of 0.19.

About Indivior

(Get Free Report)

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.

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