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IPSEN (OTCMKTS:IPSEY) Shares Pass Above Two Hundred Day Moving Average - Here's Why

IPSEN logo with Medical background

Key Points

  • IPSEN's stock price has recently surpassed its two hundred day moving average of $30.19, trading at $35.08 with a volume of 266 shares.
  • The company operates as a biopharmaceutical firm, focusing on drugs for oncology, neuroscience, and rare diseases, with multiple products in various phases of clinical trials.
  • The firm's 50 day simple moving average is currently at $32.46, indicating positive near-term price momentum.
  • Five stocks to consider instead of IPSEN.

IPSEN (OTCMKTS:IPSEY - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $30.19 and traded as high as $35.08. IPSEN shares last traded at $35.08, with a volume of 266 shares traded.

IPSEN Stock Performance

The stock has a 50-day simple moving average of $32.77 and a 200-day simple moving average of $30.35.

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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