Orion OYJ (OTCMKTS:ORINY) Shares Gap Up – Still a Buy?
by Tristan Rich · The Markets DailyShares of Orion OYJ Unsponsored ADR (OTCMKTS:ORINY – Get Free Report) gapped up prior to trading on Thursday. The stock had previously closed at $51.35, but opened at $53.25. Orion OYJ shares last traded at $53.25, with a volume of 740 shares traded.
Orion OYJ Stock Up 4.6%
The firm has a market capitalization of $15.03 billion, a PE ratio of 21.91 and a beta of 0.07. The company has a quick ratio of 1.48, a current ratio of 2.64 and a debt-to-equity ratio of 0.08. The company’s fifty day simple moving average is $46.29 and its 200 day simple moving average is $41.69.
About Orion OYJ
Orion Oyj, also known as Orion Corporation, is a Finnish pharmaceutical company that develops, manufactures and markets human and veterinary medicines. Its portfolio includes prescription medicines, over-the-counter products, generic pharmaceuticals and active pharmaceutical ingredients.
The company focuses on several therapeutic areas, including central nervous system disorders, oncology, respiratory diseases, pain management and veterinary medicine. Orion is particularly recognized for treatments related to Parkinson’s disease, as well as its Easyhaler line of inhaled medicines for respiratory conditions.
Founded in Finland in 1917, Orion is headquartered in Espoo.