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Akorn Inc Has Returned 53.9% Since SmarTrend Recommendation (AKRX)

By Amy Schwartz

SmarTrend identified an Uptrend for Akorn Inc (NASDAQ:AKRX) on February 15th, 2017 at $21.68. In approximately 6 months, Akorn Inc has returned 53.87% as of today's recent price of $33.36.

In the past 52 weeks, shares of Akorn Inc have traded between a low of $17.61 and a high of $35.40 and are now at $33.36, which is 89% above that low price. The 200-day and 50-day moving averages have moved 1.28% lower and 0.17% lower over the past week, respectively.

Akorn, Inc. is a niche pharmaceutical company that develops, manufactures, and markets generic and branded prescription pharmaceuticals. The Company manufactures sterile and non-sterile dosage forms, including ophthalmics, injectables, oral liquids, topicals, inhalants, and nasal sprays. Akorn markets its products to pharmacies, physicians, hospitals, and government agencies.

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

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

Keywords: spotlights akorn inc

Ticker(s): AKRX