Cipher Pharmaceuticals (OTCMKTS:CPHRF) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Cipher Pharmaceuticals Inc. (OTCMKTS:CPHRFGet Free Report) (TSE:CPH)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $11.42 and traded as high as $12.79. Cipher Pharmaceuticals shares last traded at $12.35, with a volume of 90,126 shares traded.

Cipher Pharmaceuticals Stock Up 4.9 %

The stock’s 50 day moving average price is $11.42 and its 200 day moving average price is $8.17.

About Cipher Pharmaceuticals

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Cipher Pharmaceuticals Inc operates as a specialty pharmaceutical company in Canada. It offers Epuris (isotretinoin), an oral retinoid indicated for the treatment of severe nodular and/or inflammatory acne, acne conglobate, and recalcitrant acne; Actikerall, a topical solution indicated for the treatment of slightly palpable and/or moderately thick hyperkeratotic actinic keratosis (Grade I/II) of the face, forehead, and balding scalp; Ozanex for the topical treatment of impetigo; Vaniqa, a topical cream for the slowing of the growth of unwanted facial hair in women; Durela, an opioid analgesic for the management of moderate to moderately severe pain in adults; Brinavess for the rapid conversion of onset atrial fibriallation to sinus rhythm in adults; and Aggrastat, a reversible GP IIb/IIIa inhibitor for use in patients with Acute Coronary Syndrome.

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