Aralez Pharmaceuticals Inc (TSE:ARZ) dropped 5.1% during trading on Friday . The stock traded as low as C$1.67 and last traded at C$1.67. Approximately 8,636 shares were traded during trading, a decline of 77% from the average daily volume of 36,800 shares. The stock had previously closed at C$1.76.

The company has a 50 day moving average of $1.66 and a 200-day moving average of $3.28. The firm’s market cap is $111.64 million.

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About Aralez Pharmaceuticals

Aralez Pharmaceuticals Inc operates as a specialty pharmaceutical company in the United States and Canada. It engages in acquiring, developing, and commercializing products primarily in cardiovascular disease, pain, and other specialty areas. It offers Yosprala for patients who require aspirin for secondary prevention of cardiovascular and cerebrovascular events; Toprol-XL, a cardioselective beta-blocker indicated for the treatment of hypertension; Fibricor, a fenofibric acid for the treatment of severe hypertriglyceridemia; Zontivity for the reduction of thrombotic cardiovascular events in patients; Cambia, a non-steroidal anti-inflammatory drug (NSAID) for the acute treatment of migraine attacks; Fiorinal and Fiorinal C for the relief of tension type headaches; and Soriatane for the treatment of severe psoriasis and other disorders of keratinization.

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