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Ipsen (OTCMKTS:IPSEY) Reaches New 12-Month Low - Time to Sell?

Ipsen logo with Medical background

Ipsen S.A. (OTCMKTS:IPSEY - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $26.46 and last traded at $26.46, with a volume of 2912 shares trading hands. The stock had previously closed at $28.35.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Ipsen in a report on Wednesday, April 2nd.

Get Our Latest Analysis on Ipsen

Ipsen Trading Up 2.5 %

The company has a 50 day moving average of $29.17 and a two-hundred day moving average of $29.69.

Ipsen Company Profile

(Get Free Report)

Ipsen SA operates as a biopharmaceutical company worldwide. The company provides drugs in the areas of oncology, neuroscience, and rare diseases. Its product pipeline comprises Cabometyx + Atezolizumab, which is in phase III clinical trial for the treatment of second line metastatic castration-resistant prostate cancer; lenalidomide and rituximab, and Taverik, which is in phase III for the treatment of second line follicular lymphoma; Bylvay, which is in phase III for the treatment of biliary atresia; Dysport, which is in phase III clinical trial for the treatment of chronic and episodic migraine; Fidrisertib, which is in phase II clinical trial for the treatment of fibrodysplasia ossificans progressiva; Elafibranor, which is in phase II for the treatment of primary sclerosing cholangitis, as well as IPN60250; IPN10200, which is in phase II for the treatment of longer-acting neurotoxin aesthetics and therapeutics; IPN60210, which is in phase I clinical trial for the treatment of relapsed/refractory multiple myeloma; and IPN60260 for the treatment of Viral cholestatic disease and is in phase I clinical trial.

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