Indivior (LON:INDV) Shares Down 15.7% - Should You Sell?

Indivior PLC (LON:INDV) experienced a significant decline of 15.7% on Thursday. The stock price dropped to a low of GBX 548.71 ($6.90) and was last seen trading at GBX 732 ($9.21). During midday trading, around 1,888,371 shares changed hands, representing a remarkable increase of 166% compared to the average daily trading volume of 709,477 shares. Previously, the stock closed at GBX 868 ($10.92).

Wall Street Analysts Forecast Growth

In a separate update, Jefferies Financial Group maintained a "buy" rating on Indivior shares and set a target price of GBX 1,800 ($22.65) in a research report published on December 17th.

Indivior Price Performance

Indivior's stock has seen mixed performance metrics. The 50-day moving average is recorded at GBX 928.06, while the two-hundred-day moving average stands at GBX 853.71. The company holds a debt-to-equity ratio of -170.06, with a current ratio of 0.83 and a quick ratio of 1.52. Market capitalization is currently around £1.14 billion, with a PE ratio of -606.93 and a price-to-earnings-growth ratio of -5.57. The stock has a beta of 0.19, indicating low volatility.

About Indivior

Indivior PLC and its subsidiaries focus on the development, manufacturing, and sale of buprenorphine-based prescription medications aimed at treating opioid dependency and associated disorders in the United States, the United Kingdom, and globally. The company also works on developing medications for substance use disorders, severe mental health issues, and opioid overdoses.

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This report is generated using advanced technology to provide accurate and timely financial news updates.

Should You Invest $1,000 in Indivior Right Now?

Before deciding to invest in Indivior, it might be wise to consider all options carefully. While Indivior currently holds a "buy" rating from analysts, some top-rated analysts have identified five stocks they believe present better investment opportunities at this time.

Indivior, Shares, Analysis