Idorsia (OTCMKTS:IDRSF) Trading 20.1% Higher – Here’s What Happened

Idorsia Ltd (OTCMKTS:IDRSFGet Free Report)’s share price traded up 20.1% during trading on Monday . The stock traded as high as $5.50 and last traded at $5.50. 1,750 shares were traded during trading, an increase of 46% from the average session volume of 1,202 shares. The stock had previously closed at $4.58.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. HC Wainwright upgraded Idorsia from a “neutral” rating to a “buy” rating in a research note on Monday, September 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Idorsia in a research note on Friday, August 22nd. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on Idorsia

Idorsia Stock Performance

The company has a 50 day moving average of $3.72 and a 200-day moving average of $2.47.

Idorsia Company Profile

(Get Free Report)

Idorsia Ltd, a biopharmaceutical company, engages in the discovery, development, and commercialization of drugs for unmet medical needs in Switzerland. The company has a clinical development pipeline that cover various therapeutic areas, including CNS, cardiovascular, and immunological disorders, as well as orphan diseases.

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