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Ipsen (OTCMKTS:IPSEY) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Ipsen logo with Medical background

Ipsen S.A. (OTCMKTS:IPSEY - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.35 and traded as high as $29.59. Ipsen shares last traded at $29.59, with a volume of 2,003 shares trading hands.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on Ipsen

Ipsen Stock Up 0.1 %

The firm has a 50 day moving average of $28.53 and a two-hundred day moving average of $29.35.

Ipsen Company Profile

(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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