• Return to Headlines

After Yesterday's Decline of 1.14%, Integra Lifescie Offers Investors Better Value

By Amy Schwartz

Integra Lifescie (NASDAQ:IART) traded in a range yesterday that spanned from a low of $49.85 to a high of $50.93. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $50.27 on volume of 72,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Integra Lifescie share prices have moved between a 52-week high of $67.50 and a 52-week low of $41.51 and are now trading 21% above that low price at $50.41 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Integra Lifescie on October 11th, 2018 by issuing a Downtrend alert when the shares were trading at $60.49. Since that call, shares of Integra Lifescie have fallen 15.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: rebounders integra lifescie

Ticker(s): IART