Orion OYJ (OTCMKTS:ORINY) Hits New 52-Week High – What’s Next?

Orion OYJ Unsponsored ADR (OTCMKTS:ORINY – Get Free Report) hit a new 52-week high during mid-day trading on Friday. The company traded as high as $53.25 and last traded at $53.25, with a volume of 750 shares changing hands. The stock had previously closed at $50.93.

Orion OYJ Price Performance

The company has a fifty day simple moving average of $46.50 and a 200 day simple moving average of $41.80. The stock has a market capitalization of $15.03 billion, a price-to-earnings ratio of 21.91 and a beta of 0.07. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.48 and a current ratio of 2.64.

About Orion OYJ

(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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