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Shares of NLNK Down 48.3% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Newlink Genetics (NASDAQ:NLNK) on May 26th, 2017 at $14.56. In approximately 2 months, Newlink Genetics has returned 48.28% as of today's recent price of $7.53.

Newlink Genetics share prices have moved between a 52-week high of $25.17 and a 52-week low of $5.90 and are now trading 28% above that low price at $7.53 per share. Over the last five market days, the 200-day moving average (MA) has gone down 2.2% while the 50-day MA has declined 2.4%.

NewLink Genetics Corporation as a biopharmaceutical company. The Company discovers, develops, and commercializes novel immuno-oncology products to helps cancer patients. NewLink Genetics operates in the United States.

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

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

Keywords: spotlights newlink genetics

Ticker(s): NLNK