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Downtrend Call Working As Cryolife Inc Stock Falls 46.7% (CRY)

By Shiri Gupta

SmarTrend identified a Downtrend for Cryolife Inc (NYSE:CRY) on February 14th, 2020 at $28.09. In approximately 1 month, Cryolife Inc has returned 46.73% as of today's recent price of $14.96.

Cryolife Inc share prices have moved between a 52-week high of $33.00 and a 52-week low of $12.63 and are now trading 18% above that low price at $14.96 per share. The 200-day and 50-day moving averages have moved 0.79% lower and 2.99% lower over the past week, respectively.

CryoLife, Inc. cryopreserves viable human tissues for cardiovascular, vascular, and orthopedic transplant applications. The Company develops and commercializes additional implantable products and single-use medical devices. CryoLife develops bioprosthetic cardiovascular devices, including novel design stentless porcine heart valves marketed in Europe.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cryolife Inc.

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

Keywords: spotlights cryolife inc

Ticker(s): CRY