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Macrogenics Inc Has Returned 26.1% Since SmarTrend Recommendation (MGNX)

By Shiri Gupta

SmarTrend identified a Downtrend for Macrogenics Inc (NASDAQ:MGNX) on March 6th, 2019 at $19.60. In approximately 5 months, Macrogenics Inc has returned 26.12% as of today's recent price of $14.48.

In the past 52 weeks, shares of Macrogenics Inc have traded between a low of $9.87 and a high of $32.74 and are now at $14.52, which is 47% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.2%.

MacroGenics, Inc. develops novel biologics. The Company specializes in treatments for autoimmune disorders, cancer, and infectious diseases. MacroGenics serves the healthcare industry in the United States.

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

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

Keywords: spotlights macrogenics inc

Ticker(s): MGNX