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Shares of NPTN Down 8.7% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Neophotonics Cor (NYSE:NPTN) on March 20th, 2019 at $6.28. In approximately 2 months, Neophotonics Cor has returned 8.69% as of today's recent price of $5.73.

Neophotonics Cor share prices have moved between a 52-week high of $9.48 and a 52-week low of $5.57 and are now trading 3% above that low price at $5.73 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1.1%.

NeoPhotonics Corporation designs, manufacturers, and markets standard and semi custom planar light wave circuits for metro access and other advanced optical communications platforms.

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

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

Keywords: spotlights neophotonics cor

Ticker(s): NPTN