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Indivior (LON:INDV) Stock Price Down 17% - Here's What Happened

Indivior logo with Medical background

Indivior PLC (LON:INDV - Get Free Report)'s stock price dropped 17% on Thursday . The stock traded as low as GBX 548.71 ($6.93) and last traded at GBX 720.60 ($9.10). Approximately 2,904,792 shares changed hands during trading, an increase of 294% from the average daily volume of 737,710 shares. The stock had previously closed at GBX 868 ($10.97).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 1,800 ($22.74) price target on shares of Indivior in a research report on Tuesday, December 17th.

Get Our Latest Analysis on Indivior

Indivior Stock Down 5.9 %

The stock has a market capitalization of £1.08 billion, a price-to-earnings ratio of -570.87, a price-to-earnings-growth ratio of -5.57 and a beta of 0.19. The company has a quick ratio of 1.52, a current ratio of 0.83 and a debt-to-equity ratio of -170.06. The firm has a 50-day moving average of GBX 920.11 and a two-hundred day moving average of GBX 850.81.

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.

Further Reading

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