Zacks Investment Research Lowers INDIVIOR PLC/S (OTCMKTS:INVVY) to Hold

Zacks Investment Research downgraded shares of INDIVIOR PLC/S (OTCMKTS:INVVY) from a buy rating to a hold rating in a report published on Wednesday, Zacks.com reports.

According to Zacks, “Indivior PLC operates as a specialty pharmaceutical company. It is engaged in discovering and developing medications and treatment for alcohol addiction, opioid overdose, cocaine intoxication and co-occurring conditions, such as schizophrenia. The Company markets and promotes SUBOXONE (buprenorphine and naloxone) Sublingual Film, SUBOXONE (buprenorphine and naloxone) Sublingual Tablet, and SUBUTEX (buprenorphine) Sublingual Tablet, each buprenorphine-based treatment for opioid. Indivior PLC is based in United States. “

Shares of OTCMKTS:INVVY opened at $2.85 on Wednesday. The firm’s 50 day moving average is $2.59 and its two-hundred day moving average is $2.95. INDIVIOR PLC/S has a 52 week low of $1.98 and a 52 week high of $7.74. The firm has a market capitalization of $434.07 million, a P/E ratio of 2.59 and a beta of -0.20.

INDIVIOR PLC/S (OTCMKTS:INVVY) last announced its quarterly earnings results on Thursday, February 13th. The company reported ($0.25) EPS for the quarter. INDIVIOR PLC/S had a net margin of 17.07% and a return on equity of 132.33%. The firm had revenue of $133.00 million during the quarter. Sell-side analysts anticipate that INDIVIOR PLC/S will post 0.43 EPS for the current fiscal year.

INDIVIOR PLC/S Company Profile

Indivior PLC, together with its subsidiaries, develops, manufactures, and sells buprenorphine-based prescription drugs for the treatment of opioid dependence. The company's product pipeline focuses on treating opioid use disorder, alcohol use disorder, opiate overdose, and schizophrenia. It markets and promotes SUBLOCADE injection for subcutaneous use; and SUBOXONE sublingual film, SUBOXONE sublingual tablet, and SUBUTEX sublingual tablet, as well as sells legacy analgesic products that include Temgesic, Burpex, and Buprenex.

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