Universe Pharmaceuticals (NASDAQ:UPC) Trading Down 2.4% – Here’s What Happened

Universe Pharmaceuticals INC (NASDAQ:UPCGet Free Report)’s stock price was down 2.4% on Tuesday . The company traded as low as $3.60 and last traded at $3.60. Approximately 17,931 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 27,418 shares. The stock had previously closed at $3.69.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Universe Pharmaceuticals in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Universe Pharmaceuticals presently has an average rating of “Sell”.

Read Our Latest Stock Analysis on Universe Pharmaceuticals

Universe Pharmaceuticals Trading Down 2.4%

The company has a current ratio of 2.78, a quick ratio of 2.62 and a debt-to-equity ratio of 0.04. The business has a fifty day simple moving average of $4.71.

About Universe Pharmaceuticals

(Get Free Report)

Universe Pharmaceuticals INC, a pharmaceutical company, engages in the manufacture, marketing, distribution, and sale of traditional Chinese medicine derivative products in China. It offers products for the treatment of common chronic health conditions in the elderly for physical wellness and longevity; and cold and flu medications.

Further Reading

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