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Ipsen (OTCMKTS:IPSEY) Shares Cross Above 200 Day Moving Average - Time to Sell?

Ipsen logo with Medical background

Ipsen S.A. (OTCMKTS:IPSEY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $29.20 and traded as high as $29.34. Ipsen shares last traded at $29.34, with a volume of 761 shares changing hands.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on IPSEY

Ipsen Stock Performance

The stock has a fifty day moving average price of $28.40 and a 200 day moving average price of $29.15.

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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