Alliance Pharma (LON:APH) Shares Cross Below 200-Day Moving Average of $39.04

Shares of Alliance Pharma plc (LON:APH) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 39.04 ($0.49) and traded as low as GBX 37.10 ($0.46). Alliance Pharma shares last traded at GBX 37.25 ($0.46), with a volume of 441,309 shares.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada cut their target price on shares of Alliance Pharma from GBX 65 ($0.81) to GBX 60 ($0.75) and set an “outperform” rating for the company in a research report on Wednesday, January 31st.

Alliance Pharma Stock Up 3.1 %

The firm has a market cap of £207.49 million, a P/E ratio of -3,725.00, a P/E/G ratio of 1.04 and a beta of 0.60. The business’s fifty day moving average price is GBX 39.31 and its two-hundred day moving average price is GBX 39.04. The company has a current ratio of 1.93, a quick ratio of 1.42 and a debt-to-equity ratio of 45.00.

Alliance Pharma Company Profile

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.