Aspen Pharmacare (OTCMKTS:APNHY) Reaches New 12-Month High – Here’s What Happened

Shares of Aspen Pharmacare (OTCMKTS:APNHY – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $10.05 and last traded at $10.00, with a volume of 24000 shares trading hands. The stock had previously closed at $9.72.

Aspen Pharmacare Stock Performance

The stock has a 50 day simple moving average of $9.18 and a 200 day simple moving average of $8.73. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.66 and a current ratio of 3.64.

About Aspen Pharmacare

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Aspen Pharmacare Holdings Limited is a South African pharmaceutical company that develops, manufactures and supplies branded and generic medicines, active pharmaceutical ingredients and consumer health products. Its portfolio spans therapeutic areas including anesthesia, thrombosis, respiratory care, gastroenterology, cardiovascular medicine, women’s health and other hospital and primary-care treatments.

The company also provides pharmaceutical manufacturing services for third-party customers, including the production of sterile medicines, vaccines and other complex pharmaceutical products.

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