Indivior (LON:INDV) Stock Price Passes Below 50-Day Moving Average of $888.47

Indivior PLC (LON:INDV)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 888.47 ($11.86) and traded as low as GBX 676.23 ($9.03). Indivior shares last traded at GBX 680 ($9.08), with a volume of 363,132 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,500 ($20.02) price target on shares of Indivior in a research note on Thursday, September 5th.

Indivior Price Performance

The company has a quick ratio of 1.52, a current ratio of 0.85 and a debt-to-equity ratio of 2,790.00. The firm has a market capitalization of £895.85 million, a price-to-earnings ratio of -871.79, a P/E/G ratio of -5.57 and a beta of 0.19. The company has a fifty day moving average price of GBX 888.47 and a two-hundred day moving average price of GBX 1,237.98.

Insider Activity at Indivior

In other Indivior news, insider Jo Le Couilliard bought 1,490 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was acquired at an average price of GBX 1,006 ($13.43) per share, for a total transaction of £14,989.40 ($20,007.21). 3.39% of the stock is owned by insiders.

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.