H. Lundbeck A/S (OTCMKTS:HLUYY) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

H. Lundbeck A/S (OTCMKTS:HLUYY)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $22.00 and traded as low as $22.00. H. Lundbeck A/S shares last traded at $22.00, with a volume of 7,500 shares traded.

H. Lundbeck A/S Price Performance

The company’s fifty day simple moving average is $22.00 and its two-hundred day simple moving average is $22.00. The stock has a market capitalization of $21.91 billion, a PE ratio of 25.00 and a beta of 0.68. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.71 and a current ratio of 1.15.

H. Lundbeck A/S Company Profile

H. Lundbeck A/S, a biopharmaceutical company, engages in the research, development, production, and sale of pharmaceuticals for the treatment of psychiatric and neurological disorders in Europe, North America, and internationally. The company's principal products include Abilify Maintena for schizophrenia; Brintellix/Trintellix to treat depression; Northera for the treatment of symptomatic neurogenic orthostatic hypotension; Vyepti for migraine prevention; and Rexulti/Rxulti to treat depression/schizophrenia.