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Catalent Inc Crosses Above its 10-day MA (CTLT)

By Nick Russo

Today, shares of Catalent Inc (NYSE:CTLT) have advanced above their 10-day MA of $40.12 on a volume of 321K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Catalent Inc has traded in a range of $29.23 to $46.43 and is now at $42.17, 44% above that low. The 200-day and 50-day moving averages have moved 0.12% lower and 0.79% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Catalent Inc and will alert subscribers who have CTLT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses catalent inc

Ticker(s): CTLT