Long

Bullish On AKRX - Possible Bounce High

Akorn, Inc. engages in the development, manufacture, and marketing of generic and prescription pharmaceuticals, and animal and consumer health products. It operates through the Prescription Pharmaceuticals and Consumer Health business segments. The Prescription Pharmaceuticals segment manufactures and markets generic and branded prescription pharmaceuticals including ophthalmic, injectable, oral liquids, topical, inhalants, and nasal sprays. The Consumer Health segment offers branded and private-label animal health; and over-the-counter products. The company was founded in 1971 and is headquartered in Lake Forest, IL.

SHORT INTEREST
13.42M 08/15/19

P/E Current
-0.84

P/E Ratio (with extraordinary items)
-0.71

Average Recommendation: OVERWEIGHT

Average Target Price: 6.30

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