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Macrogenics Inc Has Returned 75.5% Since SmarTrend Recommendation (MGNX)

By Amy Schwartz

SmarTrend identified an Uptrend for Macrogenics Inc (NASDAQ:MGNX) on August 30th, 2017 at $17.83. In approximately 7 months, Macrogenics Inc has returned 75.49% as of today's recent price of $31.29.

In the past 52 weeks, Macrogenics Inc share prices have been bracketed by a low of $14.36 and a high of $33.30 and are now at $31.29, 118% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.4% while the 50-day MA has advanced 1.4%.

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 shifts in the trajectory of Macrogenics Inc shares.

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