Alliance Pharma (LON:APH) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Alliance Pharma plc (LON:APH)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 40.93 ($0.51) and traded as high as GBX 49.95 ($0.63). Alliance Pharma shares last traded at GBX 46.40 ($0.58), with a volume of 943,356 shares trading hands.

Alliance Pharma Trading Down 1.8 %

The company has a debt-to-equity ratio of 47.46, a quick ratio of 1.42 and a current ratio of 2.93. The firm has a market cap of £246.23 million, a P/E ratio of -759.17, a P/E/G ratio of 1.04 and a beta of 0.67. The firm has a 50 day simple moving average of GBX 45.91 and a 200 day simple moving average of GBX 40.93.

About Alliance Pharma

Alliance Pharma plc operates as a pharmaceutical company in Europe, the Middle East, Africa, the Asia Pacific, China, and the Americas. The company acquires, markets, and distributes consumer healthcare and prescription medicine products. The company also offers medicines, medical devices, food supplements, and cosmetics.