Aspen Pharmacare (OTCMKTS:APNHY) Stock Price Down 5.2% – Time to Sell?

Aspen Pharmacare (OTCMKTS:APNHYGet Free Report) traded down 5.2% on Thursday . The company traded as low as $6.97 and last traded at $6.97. 1,273 shares traded hands during trading, a decline of 13% from the average session volume of 1,462 shares. The stock had previously closed at $7.35.

Aspen Pharmacare Price Performance

The stock has a 50-day moving average of $6.02 and a two-hundred day moving average of $6.02. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.18 and a current ratio of 2.21.

Aspen Pharmacare Company Profile

(Get Free Report)

Aspen Pharmacare Holdings Limited is a multinational pharmaceutical company headquartered in Durban, South Africa. Founded in 1997 by Stephen Saad and Gus Attridge, Aspen has grown from a regional generic drug producer into a global specialist in branded and generic medicines. The company is publicly traded on the Johannesburg Stock Exchange and its American depositary receipts trade over‐the‐counter under the symbol APNHY.

Aspen’s core business encompasses the development, manufacture and distribution of a broad portfolio of injectable and oral pharmaceutical products.

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