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IPSEN (OTCMKTS:IPSEY) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

IPSEN logo with Medical background

Key Points

  • IPSEN's share price has recently surpassed its 200-day moving average, reaching a trading high of $33.20 compared to its average of $30.55.
  • The company is a biopharmaceutical firm with ongoing clinical trials for multiple drugs targeting areas such as oncology and rare diseases.
  • IPSEN's stock has shown a trading volume of 264 shares during the recent session.
  • Five stocks we like better than IPSEN.

IPSEN (OTCMKTS:IPSEY - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $30.55 and traded as high as $33.20. IPSEN shares last traded at $33.20, with a volume of 264 shares changing hands.

IPSEN Price Performance

The stock's fifty day moving average price is $33.20 and its two-hundred day moving average price is $30.55.

About IPSEN

(Get Free Report)

Ipsen SA operates as a biopharmaceutical company worldwide. The company provides drugs in the areas of oncology, neuroscience, and rare diseases. Its product pipeline comprises Cabometyx + Atezolizumab, which is in phase III clinical trial for the treatment of second line metastatic castration-resistant prostate cancer; lenalidomide and rituximab, and Taverik, which is in phase III for the treatment of second line follicular lymphoma; Bylvay, which is in phase III for the treatment of biliary atresia; Dysport, which is in phase III clinical trial for the treatment of chronic and episodic migraine; Fidrisertib, which is in phase II clinical trial for the treatment of fibrodysplasia ossificans progressiva; Elafibranor, which is in phase II for the treatment of primary sclerosing cholangitis, as well as IPN60250; IPN10200, which is in phase II for the treatment of longer-acting neurotoxin aesthetics and therapeutics; IPN60210, which is in phase I clinical trial for the treatment of relapsed/refractory multiple myeloma; and IPN60260 for the treatment of Viral cholestatic disease and is in phase I clinical trial.

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