IPSEN (OTCMKTS:IPSEY) Shares Gap Down – Time to Sell?

Shares of IPSEN (OTCMKTS:IPSEYGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $36.3596, but opened at $34.34. IPSEN shares last traded at $34.34, with a volume of 300 shares.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. BNP Paribas cut shares of IPSEN to an “underperform” rating in a research report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of IPSEN in a research report on Monday, November 3rd. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Check Out Our Latest Analysis on IPSEN

IPSEN Price Performance

The business’s 50-day moving average is $35.94 and its 200 day moving average is $33.71.

IPSEN Company Profile

(Get Free Report)

Ipsen is a global biopharmaceutical company headquartered in Boulogne-Billancourt, France. Founded in 1929, the company focuses on specialty care areas including oncology, neuroscience and rare diseases. Ipsen develops, manufactures and commercializes innovative medicines that address critical unmet medical needs, offering a diverse portfolio of therapies for both adult and pediatric patient populations.

The company’s oncology franchise includes treatments for prostate, renal and hepatocellular carcinomas, with key products such as Cabometyx (cabozantinib) and Decapeptyl (triptorelin).

Further Reading

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