Osmotica Pharmaceuticals (NASDAQ: OSMT) is a fully integrated biopharmaceutical company headquartered in Dublin, Ireland. The company focuses on women’s health, neurology and generic drug formulations.
Osmotica Pharmaceuticals (NASDAQ: OSMT) 36.7% Change
At press time, OSMT was up 1.04 after remaining flat for much of the week. The stock nearly reached $5.00 after the announcement of a major acquisition. The stock, however, fell slightly where it currently sits around 3.88. Year-to-date, OSMT has remained in the nearly $5.00 to just under $3.00 range.
Why is OSMT Moving?
OSMT stock recently saw massive gains after it announced the purchase of Alora Pharma out of Metro Atlanta for $110 million. With the purchase including a manufacturing facility, Osmotica is positioning itself to grow in the immediate future.
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Data for Osmotica Pharmaceuticals as of June 25, 2021
Summary of Osmotica Pharmaceuticals as of June 25, 2021:
Significant Dates for Osmotica Pharmaceuticals:
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Next Earnings Date: 8/10/21
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Last Earnings Date: 5/13/21
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Ex-Dividend Date: No upcoming dividends
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Dividend Payment Date: No upcoming dividends
Technical Data of Osmotica Pharmaceuticals as of June 25 2021:
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RSI: 77.04 ⮕ Neutral
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MACD: Signal Line Buy Over MACD (0.03) ⮕ Bearish
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Bollinger Bands: Price $3.88, 20-Day SMA $2.94, Lower Band $2.78, Upper Band $3.10 ⮕ Neutral
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