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Valeant Pharmaceuticals International Falling Today on Above-Average Volume (VRX)

By Amy Schwartz

Shares of Valeant Pharmaceuticals International are trading today in above average volume, with the share price falling 14.6% to $24.62. About 52.5 million shares have been traded today, as compared to the 30-day average volume of 34.3 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for Valeant Pharmaceuticals International and will alert subscribers who have VRX in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Valeant Pharmaceuticals Internationalhas traded in a range of $22.52 to $263.81 and are now at $23.27. Over the last five market days, the 200-day moving average (MA) has gone down 3.3% while the 50-day MA has declined 8.2%.

Keywords: unusual volume valeant pharmaceuticals international

Ticker(s): VRX