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

Aspen Pharmacare (OTCMKTS:APNHYGet Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $9.22, but opened at $9.72. Aspen Pharmacare shares last traded at $9.72, with a volume of 100 shares.

Aspen Pharmacare Price Performance

The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.66 and a current ratio of 3.64. The company’s 50-day simple moving average is $9.09 and its 200 day simple moving average is $8.64.

About Aspen Pharmacare

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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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