Indivior (LON:INDV) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Indivior PLC (LON:INDVGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 840.40 ($10.57) and traded as low as GBX 659.50 ($8.29). Indivior shares last traded at GBX 699.50 ($8.80), with a volume of 893,588 shares.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 1,800 ($22.64) price target on shares of Indivior in a report on Tuesday, December 17th.

Get Our Latest Stock Analysis on INDV

Indivior Stock Performance

The stock’s 50 day moving average price is GBX 897.65 and its two-hundred day moving average price is GBX 840.40. The firm has a market capitalization of £1.09 billion, a PE ratio of -579.99, a PEG ratio of -5.57 and a beta of 0.19. The company has a current ratio of 0.83, a quick ratio of 1.52 and a debt-to-equity ratio of -170.06.

Indivior Company Profile

(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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