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Indivior (LON:INDV) Stock Price Crosses Below 200 Day Moving Average - What's Next?

Indivior logo with Medical background

Indivior PLC (LON:INDV - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,060.53 ($13.75) and traded as low as GBX 678 ($8.79). Indivior shares last traded at GBX 685.50 ($8.89), with a volume of 675,354 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 1,500 ($19.45) target price on shares of Indivior in a research report on Thursday, September 5th.

Check Out Our Latest Report on INDV

Indivior Stock Up 3.6 %

The company has a current ratio of 0.85, a quick ratio of 1.52 and a debt-to-equity ratio of 2,790.00. The stock's 50-day moving average price is GBX 748.77 and its 200-day moving average price is GBX 1,053.98. The company has a market cap of £913.63 million, a P/E ratio of -888.13, a PEG 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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