Indivior (LON:INDV) Shares Cross Below 200-Day Moving Average – Time to Sell?

Indivior PLC (LON:INDV) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 805.29 ($10.39) and traded as low as GBX 714 ($9.21). Indivior shares last traded at GBX 733 ($9.46), with a volume of 401,184 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,800 ($23.22) target price on shares of Indivior in a research report on Tuesday, December 17th.

Indivior Trading Down 2.6 %

The stock has a 50-day moving average of GBX 779.04 and a 200 day moving average of GBX 804.87. 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 stock has a market cap of £1.12 billion, a PE ratio of -592.01, a price-to-earnings-growth ratio of -5.57 and a beta of 0.19.

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.