Aspen Pharmacare (OTCMKTS:APNHY) Sets New 12-Month High – Here’s Why

Aspen Pharmacare (OTCMKTS:APNHY – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $10.58 and last traded at $10.58, with a volume of 300 shares changing hands. The stock had previously closed at $10.1680.

Aspen Pharmacare Stock Performance

The business has a fifty day moving average price of $9.67 and a 200 day moving average price of $8.72. The company has a quick ratio of 1.68, a current ratio of 2.54 and a debt-to-equity ratio of 0.12.

Aspen Pharmacare Company Profile

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Aspen Pharmacare is a South African pharmaceutical company headquartered in Durban. Founded in 1997, it develops, manufactures and markets branded and generic medicines for patients and healthcare providers. The company’s product portfolio includes prescription and over-the-counter medicines across a range of therapeutic areas, as well as specialized products such as injectable medicines, anesthetics and treatments for thrombosis. Aspen also operates pharmaceutical manufacturing facilities and supplies medicines to other companies and healthcare markets.

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