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Downtrend Call Working As Lannett Co Inc Stock Falls 64.6% (LCI)

By Shiri Gupta

SmarTrend identified a Downtrend for Lannett Co Inc (NYSE:LCI) on June 19th, 2018 at $14.68. In approximately 3 months, Lannett Co Inc has returned 64.57% as of today's recent price of $5.20.

Lannett Co Inc share prices have moved between a 52-week high of $30.35 and a 52-week low of $4.60 and are now trading 13% above that low price at $5.20 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 4.4% while the 200-day MA has slid 1.8%.

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