Alliance Pharma (LON:APH) Shares Cross Below Two Hundred Day Moving Average of $69.66

Alliance Pharma plc (LON:APHGet Rating)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 69.66 ($0.86) and traded as low as GBX 61.47 ($0.76). Alliance Pharma shares last traded at GBX 62.50 ($0.77), with a volume of 1,095,470 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank dropped their target price on Alliance Pharma from GBX 110 ($1.36) to GBX 105 ($1.30) and set a “buy” rating on the stock in a research report on Tuesday, January 17th.

Alliance Pharma Trading Up 0.3 %

The company has a current ratio of 1.93, a quick ratio of 1.42 and a debt-to-equity ratio of 45.88. The company has a market capitalization of £338.58 million and a price-to-earnings ratio of 3,125.00. The company has a fifty day moving average of GBX 53.25 and a 200-day moving average of GBX 69.66.

About Alliance Pharma

(Get Rating)

Alliance Pharma plc operates as a pharmaceutical company in Europe, the Middle East, Africa, the Asia Pacific, China, and the Americas. The company acquires, markets, and distributes consumer healthcare and prescription medicine products. It holds the marketing rights of approximately 80 consumer healthcare and prescription medicine products.

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