Mayne Pharma Group (ASX:MYX) Stock Price Crosses Below 200-Day Moving Average of $0.61

Mayne Pharma Group Ltd (ASX:MYX)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.61 and traded as low as $0.50. Mayne Pharma Group shares last traded at $0.51, with a volume of 4,544,331 shares.

The firm has a 50 day moving average of A$0.49 and a 200-day moving average of A$0.61. The stock has a market capitalization of $799.39 million and a PE ratio of -2.66. The company has a debt-to-equity ratio of 36.47, a quick ratio of 1.64 and a current ratio of 2.23.

About Mayne Pharma Group (ASX:MYX)

Mayne Pharma Group Limited, a specialty pharmaceutical company, manufactures and sells branded and generic pharmaceutical products worldwide. It operates through four segments: Generic Products, Specialty Brands, Metrics Contract Services, and Mayne Pharma International. The company also offers oral drug delivery systems; and contract development and manufacturing services to third-party customers.

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