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Meridian Biosci Shares Down 33.9% Since SmarTrend's Sell Call (VIVO)

By David Diaz

SmarTrend identified a Downtrend for Meridian Biosci (NASDAQ:VIVO) on December 20th, 2018 at $17.06. In approximately 5 months, Meridian Biosci has returned 33.92% as of today's recent price of $11.27.

Meridian Biosci share prices have moved between a 52-week high of $19.84 and a 52-week low of $11.13 and are now trading 1% above that low price at $11.27 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.3% while the 200-day MA has slid 0.4%.

Meridian Bioscience, Inc. manufactures, markets, and distributes diagnostic test kits, purified reagents, and related products. The Company offers bio-pharmaceutical enabling technologies. Meridian specializes in gastrointestinal and upper respiratory infections, serology, parasitology, and fungal disease diagnosis, as well as rare reagents and specialty biologicals.

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

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

Keywords: spotlights meridian biosci

Ticker(s): VIVO