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After Yesterday's Decline of 52.77%, Biocryst Pharm Offers Investors Better Value

By David Diaz

Biocryst Pharm (NASDAQ:BCRX) traded in a range yesterday that spanned from a low of $3.50 to a high of $3.98. Yesterday, the shares fell 52.8%, which took the trading range below the 3-day low of $7.23 on volume of 21.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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

In the past 52 weeks, shares of Biocryst Pharm have traded between the current low of $3.50 and a high of $9.95 and are now at $3.50. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.4%.

Keywords: rebounders biocryst pharm

Ticker(s): BCRX