Indivior (LON:INDV) Stock Crosses Above 50 Day Moving Average – What’s Next?

Indivior PLC (LON:INDV) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 924.25 ($11.50) and traded as high as GBX 982 ($12.22). Indivior shares last traded at GBX 960 ($11.94), with a volume of 6,576,867 shares changing hands.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,800 ($22.40) price objective on shares of Indivior in a report on Tuesday, December 17th.

Indivior Stock 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 company’s 50-day moving average is GBX 924.25 and its two-hundred day moving average is GBX 854.13. The company has a market capitalization of £1.25 billion, a P/E ratio of -1,215.63, a PEG 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.