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Downtrend Call Working As Neos Therapeutic Stock Falls 22.5% (NEOS)

By Shiri Gupta

SmarTrend identified a Downtrend for Neos Therapeutic (NASDAQ:NEOS) on February 28th, 2018 at $8.49. In approximately 5 months, Neos Therapeutic has returned 22.51% as of today's recent price of $6.58.

Neos Therapeutic share prices have moved between a 52-week high of $13.15 and a 52-week low of $5.80 and are now trading 13% above that low price at $6.58 per share. The 200-day and 50-day moving averages have moved 0.57% lower and 2.36% lower over the past week, respectively.

Neos Therapeutics, Inc. operates as a drug delivery and contract manufacturing company. The Company researches, develops, manufactures, and commercializes prescription, over-the-counter, and veterinary products. Neos Therapeutics markets its products worldwide.

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

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

Keywords: spotlights neos therapeutic

Ticker(s): NEOS