Orion OYJ (OTCMKTS:ORINY) Shares Gap Up – Time to Buy?

Orion OYJ Unsponsored ADR (OTCMKTS:ORINY – Get Free Report)’s share price gapped up before the market opened on Thursday. The stock had previously closed at $51.35, but opened at $53.25. Orion OYJ shares last traded at $53.25, with a volume of 740 shares traded.

Orion OYJ Stock Performance

The firm has a market capitalization of $15.28 billion, a price-to-earnings ratio of 22.27 and a beta of 0.07. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.64 and a quick ratio of 1.48. The firm has a 50 day moving average price of $46.72 and a 200-day moving average price of $41.89.

Orion OYJ Company Profile

(Get Free Report)

Orion Oyj, also known as Orion Corporation, is a Finnish pharmaceutical company that develops, manufactures and markets human and veterinary medicines. Its portfolio includes prescription medicines, over-the-counter products, generic pharmaceuticals and active pharmaceutical ingredients.

The company focuses on several therapeutic areas, including central nervous system disorders, oncology, respiratory diseases, pain management and veterinary medicine. Orion is particularly recognized for treatments related to Parkinson’s disease, as well as its Easyhaler line of inhaled medicines for respiratory conditions.

Founded in Finland in 1917, Orion is headquartered in Espoo.

Further Reading

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