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Neos Therapeutic Down 21.9% Since SmarTrend Downtrend Call (NEOS)

By David Diaz

SmarTrend identified a Downtrend for Neos Therapeutic (NASDAQ:NEOS) on February 28th, 2018 at $8.49. In approximately 4 months, Neos Therapeutic has returned 21.92% as of today's recent price of $6.63.

In the past 52 weeks, Neos Therapeutic share prices have been bracketed by a low of $6.04 and a high of $13.15 and are now at $6.62, 10% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.3%.

Neos Therapeutics, Inc. operates as a drug delivery and contract manufacturing company. The Company researches, develops, manufactures, and commercializes prescription, over-the-counter, and veterinary products. Neos Therapeutics markets its products worldwide.

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

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

Keywords: spotlights neos therapeutic

Ticker(s): NEOS