Indivior (LON:INDV) Shares Down 15.7% - What's Next?

Indivior PLC (LON:INDV) experienced a significant decline in its stock price, dropping by 15.7% on Thursday. The shares fell to a low of GBX 548.71 ($6.95) before recovering slightly to trade at GBX 732 ($9.28). During the trading session, approximately 1,888,371 shares were exchanged, marking an impressive 166% increase compared to the average daily volume of 709,477 shares. The day prior, the stock had closed significantly higher at GBX 868 ($11.00).

Analyst Ratings

In other news, the Jefferies Financial Group reaffirmed a "buy" rating for Indivior and set a price target of GBX 1,800 ($22.81) in a report released on December 17th.

Status of Indivior Stocks

The current market capitalization of Indivior stands at £1.14 billion. The stock showcases a price-to-earnings ratio of -606.93 and a price-to-earnings-growth ratio of -5.57, indicating negative earnings performance. Additionally, it has a beta value of 0.19, suggesting lower volatility compared to the market. The company's 50-day moving average is GBX 924.76, while the 200-day moving average is GBX 852.88. Indivior also reveals a current ratio of 0.83, a quick ratio of 1.52, and a debt-to-equity ratio of -170.06, suggesting the company’s high financial leverage.

About Indivior

Indivior PLC focuses on the development, manufacturing, and marketing of buprenorphine-based prescription medications. These medications are primarily used in the treatment of opioid dependence and related disorders in various regions, including the United States and the United Kingdom. The company is dedicated to developing therapies for substance use disorders, severe mental illnesses, and opioid overdose.

Conclusion and Future Considerations

Investors considering whether to buy or sell Indivior stock should note that while the stock currently shows a "buy" rating from some analysts, there are alternative investments that top professionals are recommending more strongly at present. MarketBeat has identified several stocks that analysts believe present more promising opportunities right now compared to Indivior.

Should You Invest in Indivior? Before making any investment decisions, it’s essential to weigh the current performance of Indivior against other available options in the market. If you’re exploring the potential for investment in this sector, it might be prudent to consider other stocks that analysts are more favorably recommending.

Indivior, Stock, Investment