Indivior PLC (INDV.L) 19-11-19
Indivior PLC (INDV.L) has fallen significantly from the highs of 125.55p. Will the trend carry, or is this the chance to catch a bargain?
- Currently at 37.44p (at time of writing). A rally to the recent highs would be an increase of 235%.
- Indivior is one of the biggest fallers in the period.
- Should this trend be respected, or are we about to see a big bounce?
- The market will over-react to bad news. Is it is down for good reason, or is this an over-reaction?
- Investors seeking a bargain should be mindful of underlying performance. Check our website and the company’s website for information on the stock.
- Shares -70% from 12-month highs; +24% from 12 month lows.
Latest News
15 Oct: Indivior, the drug company, upgraded its end of year profit expectations as sales of its opioid addiction drug performed well, standing up well against competition from generic drug makers.
31 Jul: Indivior announced an increase in profits on better-than-expected Q2 performance, after its opioid-addiction drug did not lose as much market share as anticipated.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires