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20.4% Return Seen to Date on SmarTrend Acorda Therapeut Call (ACOR)

By Shiri Gupta

SmarTrend identified an Uptrend for Acorda Therapeut (NASDAQ:ACOR) on June 20th, 2017 at $17.90. In approximately 2 months, Acorda Therapeut has returned 20.39% as of today's recent price of $21.55.

In the past 52 weeks, Acorda Therapeut share prices have been bracketed by a low of $13.60 and a high of $33.00 and are now at $21.55, 58% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 2.2%.

Acorda Therapeutics Inc. is a biotechnology company that is developing therapies for spinal cord injury and related neurological conditions, including multiple sclerosis. Additionally, Acorda is developing multiple approaches to regeneration and repair of the spinal cord and brain.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Acorda Therapeut shares.

Log in and add Acorda Therapeut (ACOR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights acorda therapeut

Ticker(s): ACOR