Idorsia (OTCMKTS:IDRSF) Stock Price Up 63% – Should You Buy?

Idorsia Ltd (OTCMKTS:IDRSFGet Free Report) rose 63% during mid-day trading on Thursday . The stock traded as high as $1.50 and last traded at $1.50. Approximately 39,500 shares changed hands during trading, an increase of 1,094% from the average daily volume of 3,307 shares. The stock had previously closed at $0.92.

Idorsia Price Performance

The company has a 50-day moving average price of $1.41 and a 200-day moving average price of $2.10.

About Idorsia

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Idorsia Ltd, a biopharmaceutical company, engages in the discovery, development, and commercialization of drugs for unmet medical needs in Switzerland. The company has a clinical development pipeline that cover various therapeutic areas, including CNS, cardiovascular, and immunological disorders, as well as orphan diseases.

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