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Cambrex Corp Has Returned 23.0% Since SmarTrend Recommendation (CBM)

By David Diaz

SmarTrend identified an Uptrend for Cambrex Corp (NYSE:CBM) on June 27th, 2018 at $50.33. In approximately 1 month, Cambrex Corp has returned 23.00% as of today's recent price of $61.90.

Cambrex Corp share prices have moved between a 52-week high of $67.75 and a 52-week low of $42.55 and are now trading 45% above that low price at $61.90 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 2.5%.

Cambrex Corp. supplies products, services, and technologies for the Life Sciences and fine chemicals industry. The Company builds platforms for use in manufacturing small molecule Active Pharmaceutical Ingredients (APIs) and pharmaceutical intermediates including drug delivery. Cambrex's services include process & analytical development, scale-up in addition to generic APIs.

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

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

Keywords: spotlights cambrex corp

Ticker(s): CBM