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Shares of IRWD Down 29.4% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Ironwood Pharmac (NASDAQ:IRWD) on March 28th, 2019 at $12.77. In approximately 5 months, Ironwood Pharmac has returned 29.37% as of today's recent price of $9.02.

In the past 52 weeks, Ironwood Pharmac share prices have been bracketed by a current low of $8.93 and a high of $19.64 and are now at $9.02. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 1.1%.

Ironwood Pharmaceuticals, Inc. is a pharmaceutical company. The Company discovers, develops, manufactures, and commercializes marketed drugs. Ironwood products used in treatments of cholesterol, gastrointestinal and cardiovascular diseases, pain, inflammation, and others.

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

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

Keywords: spotlights ironwood pharmac

Ticker(s): IRWD