IPSEN (OTCMKTS:IPSEY) Sees Large Volume Increase – Time to Buy?

Shares of IPSEN (OTCMKTS:IPSEYGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 5,001 shares were traded during trading, an increase of 119% from the previous session’s volume of 2,287 shares.The stock last traded at $46.94 and had previously closed at $48.76.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of IPSEN in a report on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, IPSEN has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on IPSEN

IPSEN Price Performance

The company’s 50-day simple moving average is $47.58 and its 200-day simple moving average is $42.18.

About IPSEN

(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).

Featured Articles

Receive News & Ratings for IPSEN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IPSEN and related companies with MarketBeat.com's FREE daily email newsletter.