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Shares of AMRI Up 41.3% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Albany Molecular (NASDAQ:AMRI) on April 13th, 2017 at $15.39. In approximately 4 months, Albany Molecular has returned 41.31% as of today's recent price of $21.74.

Over the past year, Albany Molecular has traded in a range of $12.51 to $22.17 and is now at $21.74, 74% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has remained constant.

Albany Molecular Research, Inc., an integrated chemistry outsourcing company, offers a variety of chemistry research and development services. The Company provides its services to pharmaceutical and biotechnology companies involved in drug discovery and development. Albany offers medicinal chemistry, chemical development, analytical chemistry services, and small-scale manufacturing.

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

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

Keywords: spotlights albany molecular

Ticker(s): AMRI