Aspen Pharmacare (OTCMKTS:APNHY) Shares Pass Below Fifty Day Moving Average – Here’s Why

Aspen Pharmacare Holdings Limited (OTCMKTS:APNHYGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $9.39 and traded as low as $8.83. Aspen Pharmacare shares last traded at $8.83, with a volume of 238 shares trading hands.

Aspen Pharmacare Trading Up 0.6 %

The company has a current ratio of 1.81, a quick ratio of 1.07 and a debt-to-equity ratio of 0.30. The business’s fifty day moving average is $9.39 and its 200 day moving average is $9.70.

About Aspen Pharmacare

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Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand.

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