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Perrigo Co Plc Crosses Above its 10-day MA (PRGO)

By David Diaz

Perrigo Co Plc (NASDAQ:PRGO) crossed over its 10-day moving average of $77.84 on a volume of 258K 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.

In the past 52 weeks, Perrigo Co Plc share prices have been bracketed by a low of $63.68 and a high of $99.14 and are now at $79.07, 24% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.9% while the 200-day MA has slid 1.2%.

SmarTrend is tracking the current trend status for Perrigo Co Plc and will alert subscribers who have PRGO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses perrigo co plc

Ticker(s): PRGO