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Shares of ANIK Up 22.9% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Anika Therapeuti (NASDAQ:ANIK) on April 29th, 2019 at $33.16. In approximately 3 months, Anika Therapeuti has returned 22.95% as of today's recent price of $40.77.

In the past 52 weeks, Anika Therapeuti share prices have been bracketed by a low of $29.01 and a high of $44.95 and are now at $40.80, 41% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.1%.

Anika Therapeutics, Inc. operates as an integrated orthopedic medicines company. The Company develops, manufactures, and commercializes therapeutic pain management solutions based on its proprietary hyaluronic acid (HA) technology. Anika Therapeutics markets its products worldwide.

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

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

Keywords: spotlights anika therapeuti

Ticker(s): ANIK