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Downtrend Call Working As Lannett Co Inc Stock Falls 14.7% (LCI)

By Nick Russo

SmarTrend identified a Downtrend for Lannett Co Inc (NYSE:LCI) on May 9th, 2019 at $6.92. In approximately 2 months, Lannett Co Inc has returned 14.68% as of today's recent price of $5.90.

Lannett Co Inc share prices have moved between a 52-week high of $14.70 and a 52-week low of $3.33 and are now trading 77% above that low price at $5.89 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 2.3%.

Lannett Company, Inc. develops, manufactures, packages, markets, and distributes generic versions of brand pharmaceutical products in the United States.

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

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

Keywords: spotlights lannett co inc

Ticker(s): LCI