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Ipsen (OTCMKTS:IPSEY) Stock Price Passes Above 200-Day Moving Average - Should You Sell?

Ipsen logo with Medical background

Ipsen S.A. (OTCMKTS:IPSEY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $29.22 and traded as high as $30.19. Ipsen shares last traded at $30.09, with a volume of 1,351 shares traded.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Ipsen in a research report on Wednesday, April 2nd.

Get Our Latest Research Report on IPSEY

Ipsen Stock Performance

The business has a 50-day moving average price of $28.64 and a 200-day moving average price of $29.24.

Ipsen Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Tuesday, June 10th will be issued a $0.2896 dividend. The ex-dividend date is Monday, June 9th. This represents a yield of 0.97%. This is a positive change from Ipsen's previous dividend of $0.23.

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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