Cipher Pharmaceuticals Inc. (TSE:CPH - Get Free Report) NASDAQ: CPHR shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$12.81 and traded as low as C$12.81. Cipher Pharmaceuticals shares last traded at C$12.86, with a volume of 23,771 shares traded.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group set a C$12.50 target price on Cipher Pharmaceuticals and gave the company a "hold" rating in a research note on Monday, April 7th.
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Cipher Pharmaceuticals Stock Performance
The company has a market capitalization of C$230.88 million, a PE ratio of 14.20 and a beta of 1.20. The stock's fifty day simple moving average is C$12.81 and its 200-day simple moving average is C$13.01. The company has a debt-to-equity ratio of 41.22, a quick ratio of 2.67 and a current ratio of 2.00.
Cipher Pharmaceuticals Company Profile
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Cipher Pharmaceuticals Inc is a specialty pharmaceutical company. Its products include Dermatology Products, Hospital Acute Care Products, and Out-Licensed Products among others. The company's geographical segments include Canada and the United States.
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