Indivior (LON:INDV) Stock Price Crosses Above Fifty Day Moving Average - Time to Sell?

Indivior PLC (LON:INDV - Get Free Report)'s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 924.25 ($11.48) and traded as high as GBX 982 ($12.20). Indivior shares last traded at GBX 960 ($11.92), with a volume of 6,576,867 shares traded.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a "buy" rating and issued a GBX 1,800 ($22.35) price target on shares of Indivior in a research report on Tuesday, December 17th.

Indivior Stock Down 2.2 %

The company has a market capitalization of £1.23 billion, a P/E ratio of -1,196.88, a P/E/G ratio of -5.57 and a beta of 0.19. The company has a quick ratio of 1.52, a current ratio of 0.85 and a debt-to-equity ratio of 2,790.00. The firm has a fifty day simple moving average of GBX 935.54 and a 200-day simple moving average of GBX 854.47.

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.