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Shares of BSTC Up 9.6% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for Biospecifics Tec (NASDAQ:BSTC) on November 5th, 2019 at $50.10. In approximately 4 weeks, Biospecifics Tec has returned 9.57% as of today's recent price of $54.89.

In the past 52 weeks, Biospecifics Tec share prices have been bracketed by a low of $45.81 and a high of $73.31 and are now at $54.89, 20% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.2%.

BioSpecifics Technologies Corp. is a biopharmaceutical company. The Company developed and licensed injectable collagenase for the treatment of Dupuytren's disease, Peyronie's disease, and adhesive capsulitis (frozen shoulder).

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

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

Keywords: spotlights biospecifics tec

Ticker(s): BSTC