H. Lundbeck A/S (OTCMKTS:HLUYY) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

H. Lundbeck A/S (OTCMKTS:HLUYYGet Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $22.00 and traded as low as $22.00. H. Lundbeck A/S shares last traded at $22.00, with a volume of 7,500 shares traded.

H. Lundbeck A/S Stock Performance

The firm has a market capitalization of $21.91 billion, a P/E ratio of 25.00 and a beta of 0.68. The firm has a 50-day moving average price of $22.00 and a two-hundred day moving average price of $22.00. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.15 and a quick ratio of 0.71.

About H. Lundbeck A/S

(Get Free Report)

H. Lundbeck A/S, a biopharmaceutical company, engages in the research, development, production, and sale of pharmaceuticals for the treatment of psychiatric and neurological disorders in Europe, North America, and internationally. The company's principal products include Abilify Maintena for schizophrenia; Brintellix/Trintellix to treat depression; Northera for the treatment of symptomatic neurogenic orthostatic hypotension; Vyepti for migraine prevention; and Rexulti/Rxulti to treat depression/schizophrenia.

Further Reading

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