Cipher Pharmaceuticals (TSE:CPH) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Cipher Pharmaceuticals Inc. (TSE:CPHGet Free Report) (NASDAQ:CPHR) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$15.43 and traded as low as C$14.48. Cipher Pharmaceuticals shares last traded at C$14.74, with a volume of 15,841 shares.

Cipher Pharmaceuticals Stock Performance

The company has a market cap of C$374.31 million, a P/E ratio of 32.04 and a beta of 0.77. The firm has a 50 day moving average price of C$15.43 and a 200-day moving average price of C$13.89. The company has a debt-to-equity ratio of 41.22, a quick ratio of 2.67 and a current ratio of 2.00.

Cipher Pharmaceuticals Company Profile

(Get Free Report)

Cipher Pharmaceuticals Inc is a specialty pharmaceutical company. Its products include Dermatology Products, Hospital Acute Care Products, and Out-Licensed Products among others. The company’s geographical segments include Canada and the United States.

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