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Shares of AKRX Up 54.7% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Akorn (NASDAQ:AKRX) on February 15th, 2017 at $21.68. In approximately 4 months, Akorn has returned 54.66% as of today's recent price of $33.53.

Akorn share prices have moved between a 52-week high of $48.53 and a 52-week low of $17.57 and are now trading 91% above that low price at $33.53 per share. The 200-day and 50-day moving averages have moved 1.28% lower and 0.17% lower over the past week, respectively.

Akorn, Inc. develops, manufactures, and markets ophthalmic and injectable pharmaceutical products. The Company sells various diagnostic and therapeutic pharmaceutical products focused primarily on ophthalmology, anesthesia, antidotes, and rheumatology. Akorn also markets ophthalmic surgical instruments and other supplies, and provides contract manufacturing for third parties.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Akorn shares.

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

Keywords: spotlights akorn

Ticker(s): AKRX