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Downtrend Call Working As Lannett Co Inc Stock Falls 64.3% (LCI)

By David Diaz

SmarTrend identified a Downtrend for Lannett Co Inc (NYSE:LCI) on June 19th, 2018 at $14.68. In approximately 5 months, Lannett Co Inc has returned 64.29% as of today's recent price of $5.24.

In the past 52 weeks, shares of Lannett Co Inc have traded between a low of $3.33 and a high of $30.35 and are now at $5.24, which is 57% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has slid 2.2%.

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