Aurinia Pharmaceuticals (TSE:AUP) Stock Price Down 3.5% – Here’s Why

Aurinia Pharmaceuticals Inc. (TSE:AUPGet Free Report) (NASDAQ:AUPH)’s stock price was down 3.5% on Monday . The company traded as low as C$16.41 and last traded at C$16.76. Approximately 4,611,683 shares traded hands during trading, an increase of 1,906% from the average daily volume of 229,895 shares. The stock had previously closed at C$17.37.

Aurinia Pharmaceuticals Stock Down 3.5 %

The company has a quick ratio of 11.02, a current ratio of 11.93 and a debt-to-equity ratio of 2.69. The company has a market cap of C$2.15 billion and a P/E ratio of -11.32. The business has a 50-day simple moving average of C$16.76.

About Aurinia Pharmaceuticals

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Aurinia Pharmaceuticals Inc, a biopharmaceutical company, develops and commercializes therapies to treat various diseases with unmet medical need in Japan and China. The company offers LUPKYNIS for the treatment of adult patients with active lupus nephritis. It has a collaboration and license agreement with Otsuka Pharmaceutical Co, Ltd.

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