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Indivior (LON:INDV) Stock Price Up 9.9% - Here's What Happened

Indivior logo with Medical background

Shares of Indivior PLC (LON:INDV - Get Free Report) rose 9.9% on Monday . The company traded as high as GBX 1,090 ($14.88) and last traded at GBX 1,084 ($14.79). Approximately 496,685 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 808,406 shares. The stock had previously closed at GBX 986 ($13.46).

Indivior Stock Up 0.9%

The firm has a market capitalization of £1.77 billion, a PE ratio of -936.93, a PEG ratio of -5.57 and a beta of 0.19. The business's 50 day simple moving average is GBX 944.53 and its 200 day simple moving average is GBX 864.18. The company has a current ratio of 0.83, a quick ratio of 1.52 and a debt-to-equity ratio of -170.06.

Insider Activity at Indivior

In related news, insider Juliet Thompson acquired 3,850 shares of Indivior stock in a transaction on Wednesday, June 11th. The shares were bought at an average cost of GBX 1,388 ($18.94) per share, with a total value of £53,438 ($72,932.99). Insiders own 3.44% of the company's stock.

About Indivior

(Get Free Report)

Indivior PLC, together with its subsidiaries, engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and co-occurring disorders in the United States, the United Kingdom, and internationally. The company develops medicines to treat substance use disorders, serious mental illnesses, and opioid overdose.

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