Cipher Pharmaceuticals (OTCMKTS:CPHRF) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Cipher Pharmaceuticals Inc. (OTCMKTS:CPHRFGet Free Report) (TSE:CPH)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $10.40 and traded as high as $10.90. Cipher Pharmaceuticals shares last traded at $10.90, with a volume of 2,734 shares.

Cipher Pharmaceuticals Trading Up 0.1%

The business has a 50-day moving average price of $10.40 and a 200 day moving average price of $10.43.

Cipher Pharmaceuticals Company Profile

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Cipher Pharmaceuticals Inc is a specialty pharmaceutical company that develops, acquires and commercializes prescription products in respiratory and dermatology markets. Founded in 2004 and headquartered in Vancouver, British Columbia, the company focuses on in-licensing established therapies and launching them under its own commercial infrastructure in North America.

In the respiratory segment, Cipher markets generic inhalation therapies for conditions such as asthma and chronic obstructive pulmonary disease (COPD).

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