Landec Up 21.4% Since SmarTrend Uptrend Call (LNDC)
SmarTrend identified an Uptrend for Landec (NASDAQ:LNDC) on April 20th, 2016 at $11.12. In approximately 6 months, Landec has returned 21.40% as of today's recent price of $13.50.
Landec share prices have moved between a 52-week high of $14.98 and a 52-week low of $9.48 and are now trading 42% above that low price at $13.50 per share. The 200-day and 50-day moving averages have moved 0.5% lower and 0.33% lower over the past week, respectively.
Landec Corporation designs, develops, manufactures, and sells temperature activated and other specialty polymer products for a variety of food packaging, industrial, agricultural, and medical applications. The Company's products are based on its Intelimer polymers, which differ from other polymers in that they can be customized to abruptly change their physical characteristics.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Landec shares.
Log in and add Landec (LNDC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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