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Downtrend Call Working As Lannett Co Inc Stock Falls 38.1% (LCI)

By Amy Schwartz

SmarTrend identified a Downtrend for Lannett Co Inc (NYSE:LCI) on December 21st, 2017 at $25.38. In approximately 5 months, Lannett Co Inc has returned 38.13% as of today's recent price of $15.70.

In the past 52 weeks, Lannett Co Inc share prices have been bracketed by a low of $13.15 and a high of $39.99 and are now at $15.70, 19% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 2.2% while the 50-day MA has declined 2.3%.

Lannett Company, Inc. manufactures and distributes pharmaceutical products under its own trade name and under generic names. The Company also distributes competitive pharmaceutical products manufactured by other companies. The principal products include antifungals, antacids, dermatological preparations, and analgesic sedatives.

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