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Why Horizon Therapeutics's Stock is Trading Higher Today

February 24, 2021 9:54 am
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The Price And Volume Action In Horizon Therapeutics's Stock Today

Horizon Therapeutics's (NASDAQ:HZNP) stock has been rising Wednesday, up 5.6% to a price of $88.57. The stock's volume is currently 108.81 thousand, which is roughly 5.39% of its recent 30-day volume average of 2.02 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Horizon Therapeutics shares are trading higher after the company reported better-than-expected Q4 EPS and sales results. The company also issued FY21 sales guidance above analyst estimates.

Insights On Recent Price Action

The stock's 50-day moving average was $78.3 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $91.76 and fallen to a low of $23.81.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

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