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Medicines Comp Has Returned 36.2% Since SmarTrend Recommendation (MDCO)

By David Diaz

SmarTrend identified a Downtrend for Medicines Comp (NASDAQ:MDCO) on September 6th, 2018 at $37.27. In approximately 2 months, Medicines Comp has returned 36.16% as of today's recent price of $23.79.

Medicines Comp share prices have moved between a 52-week high of $55.95 and a 52-week low of $23.22 and are now trading 3% above that low price at $23.82 per share. The 200-day and 50-day moving averages have moved 0.52% lower and 4.8% lower over the past week, respectively.

The Medicines Company develops products that improve specialized care. The Company markets Angiomax, an anticoagulant approved in the United States and other countries for use in patients undergoing coronary angioplasty procedures.

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

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

Keywords: spotlights medicines comp

Ticker(s): MDCO