IPSEN (OTCMKTS:IPSEY) Shares Gap Down – Here’s Why

IPSEN (OTCMKTS:IPSEYGet Free Report)’s share price 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 changing hands.

Analysts Set New Price Targets

A number of equities analysts have recently commented on IPSEY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of IPSEN in a report on Monday, November 3rd. BNP Paribas downgraded IPSEN to an “underperform” rating in a research note on Wednesday, November 26th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Get Our Latest Stock Report on IPSEY

IPSEN Price Performance

The firm’s fifty day moving average price is $35.94 and its two-hundred day moving average price is $33.71.

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).

Further Reading

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