Forward Pharma A/S (NASDAQ:FWP) Share Price Passes Above Fifty Day Moving Average of $0.93

Forward Pharma A/S (NASDAQ:FWP)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.93 and traded as high as $1.13. Forward Pharma A/S shares last traded at $1.11, with a volume of 4,837 shares.

Separately, ValuEngine downgraded shares of Forward Pharma A/S from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 2nd.

The business’s 50 day simple moving average is $0.93 and its two-hundred day simple moving average is $1.05.

Forward Pharma A/S Company Profile (NASDAQ:FWP)

Forward Pharma A/S operates as a biopharmaceutical company. The company focuses on developing FP187, a proprietary formulation of dimethyl fumarate used for the treatment of various inflammatory and neurological indications. Forward Pharma A/S was founded in 2005 and is headquartered in Copenhagen, Denmark.

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