Alliance Pharma (LON:APH) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Alliance Pharma plc (LON:APH) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 38.35 ($0.50) and traded as high as GBX 46.65 ($0.60). Alliance Pharma shares last traded at GBX 44.45 ($0.58), with a volume of 1,309,992 shares trading hands.

Alliance Pharma Trading Up 1.2 %

The firm’s 50-day moving average price is GBX 42.32 and its 200-day moving average price is GBX 38.40. The company has a quick ratio of 1.42, a current ratio of 2.93 and a debt-to-equity ratio of 47.46. The company has a market cap of £244.88 million, a P/E ratio of -755.00, a price-to-earnings-growth ratio of 1.04 and a beta of 0.67.

About Alliance Pharma

Alliance Pharma plc operates as a pharmaceutical company in Europe, the Middle East, Africa, the Asia Pacific, China, and the Americas. The company acquires, markets, and distributes consumer healthcare and prescription medicine products. The company also offers medicines, medical devices, food supplements, and cosmetics.