• Return to Headlines

Shares of Catalent Inc Has Risen Above Previous 52-Week High

By Nick Russo

Shares of Catalent Inc (NYSE:CTLT) traded at a new 52-week high today of $41.46. Approximately 63,000 shares have changed hands today, as compared to an average 30-day volume of 1 million shares.

Catalent Inc share prices have moved between a 52-week high of $41.46 and a 52-week low of $20.94 and are now trading 96% above that low price at $41.11 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.2%.

Catalent, Inc. provides delivery technologies and development solutions for drugs, biologics, and consumer health products. The Company's oral, injectable, and respiratory delivery technologies address the diversity of the pharmaceutical industry including small molecules, large molecule biologics, and consumer health products.

Based on a current price of $41.11, Catalent Inc is currently 19.3% above its average consensus analyst price target of $33.17. Catalent Inc shares have support at the 50-day moving average (MA) of $27.29 and additional support at the 200-day MA of $27.13.

SmarTrend is monitoring the recent change of momentum in Catalent Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Catalent Inc in search of a potential trend change.

Keywords: 52 week high/lows catalent inc

Ticker(s): CTLT