• Return to Headlines

Shares of MNTA Down 48.9% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Momenta Pharmace (NASDAQ:MNTA) on August 2nd, 2018 at $28.40. In approximately 3 months, Momenta Pharmace has returned 48.94% as of today's recent price of $14.50.

In the past 52 weeks, Momenta Pharmace share prices have been bracketed by a low of $9.66 and a high of $32.20 and are now at $14.45, 50% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 4.7%.

Momenta Pharmaceuticals, Inc. is a biotechnology company. The Company specializes in sequencing and engineering of complex sugars for the development of improved versions of existing drugs, the development of novel drugs, and the discovery of new biological processes. Momenta also develops technology-enabled generic products.

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

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

Keywords: spotlights momenta pharmace

Ticker(s): MNTA