Aspen Pharmacare (OTCMKTS:APNHY) Shares Gap Down – Here’s Why

Shares of Aspen Pharmacare (OTCMKTS:APNHY – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $10.05, but opened at $9.5840. Aspen Pharmacare shares last traded at $9.5840, with a volume of 104 shares changing hands.

Aspen Pharmacare Stock Down 4.6%

The company has a debt-to-equity ratio of 0.36, a current ratio of 3.64 and a quick ratio of 2.66. The firm has a fifty day moving average of $9.23 and a 200 day moving average of $8.75.

Aspen Pharmacare Company Profile

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Aspen Pharmacare Holdings Limited is a South African pharmaceutical company that develops, manufactures and supplies branded and generic medicines, active pharmaceutical ingredients and consumer health products. Its portfolio spans therapeutic areas including anesthesia, thrombosis, respiratory care, gastroenterology, cardiovascular medicine, women’s health and other hospital and primary-care treatments.

The company also provides pharmaceutical manufacturing services for third-party customers, including the production of sterile medicines, vaccines and other complex pharmaceutical products.

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