Amryt Pharma (LON:AMYT) Shares Cross Above 50-Day Moving Average – Time to Sell?

Amryt Pharma plc (LON:AMYTGet Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 143 ($1.87) and traded as high as GBX 155 ($2.02). Amryt Pharma shares last traded at GBX 143 ($1.87), with a volume of 90,726 shares traded.

Amryt Pharma Stock Performance

The company has a quick ratio of 1.14, a current ratio of 1.80 and a debt-to-equity ratio of 66.05. The firm has a 50-day moving average price of GBX 143 and a 200 day moving average price of GBX 143. The firm has a market capitalization of £457.11 million and a PE ratio of -4.33.

About Amryt Pharma

(Get Free Report)

Amryt Pharma plc, a commercial-stage biopharmaceutical company, develops and commercializes novel therapeutics to treat patients suffering from serious and life-threatening rare diseases. The company offers Lomitapide for the treatment of homozygous familial hypercholesterolemia; and Metreleptin for the treatment of generalized and partial lipodystrophy.

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