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64.7% Return Seen to Date on SmarTrend Anika Therapeuti Call (ANIK)

By Shiri Gupta

SmarTrend identified an Uptrend for Anika Therapeuti (NASDAQ:ANIK) on April 29th, 2019 at $33.16. In approximately 5 months, Anika Therapeuti has returned 64.72% as of today's recent price of $54.62.

Over the past year, Anika Therapeuti has traded in a range of $29.01 to $58.93 and is now at $54.62, 88% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 2.7%.

Anika Therapeutics, Inc. operates as an integrated orthopedic medicines company. The Company develops, manufactures, and commercializes therapeutic pain management solutions based on its proprietary hyaluronic acid (HA) technology. Anika Therapeutics markets its products worldwide.

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

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

Keywords: spotlights anika therapeuti

Ticker(s): ANIK