Orion OYJ (OTCMKTS:ORINY) Shares Gap Up – Here’s What Happened

Orion OYJ Unsponsored ADR (OTCMKTS:ORINY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $43.0160, but opened at $45.8150. Orion OYJ shares last traded at $45.8150, with a volume of 281 shares.

Orion OYJ Stock Down 0.1%

The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.48 and a current ratio of 2.64. The company has a fifty day simple moving average of $41.47 and a two-hundred day simple moving average of $39.76. The firm has a market capitalization of $12.92 billion, a PE ratio of 18.83 and a beta of 0.07.

Orion OYJ (OTCMKTS:ORINY) last released its quarterly earnings data on Friday, July 17th. The company reported $0.58 earnings per share for the quarter. Orion OYJ had a return on equity of 50.37% and a net margin of 28.52%.The firm had revenue of $606.38 million during the quarter.

About Orion OYJ

Orion Corporation (Orion Oyj) is a Finland-based pharmaceutical company engaged in the research, development, manufacture and marketing of human and veterinary medicines as well as diagnostic tests. The company’s core therapeutic areas include central nervous system disorders, oncology and respiratory diseases, and it offers both proprietary and generic products. Orion’s product range spans from small-molecule drugs and active pharmaceutical ingredients to radiodiagnostic imaging agents and line extensions developed through in-house research.

Since its founding in 1917 in Helsinki, Orion has grown into an integrated pharmaceuticals business with state-of-the-art manufacturing facilities in Finland and France.