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Shares of PRTK Down 53.8% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Paratek Pharmace (NASDAQ:PRTK) on October 19th, 2017 at $22.85. In approximately 8 months, Paratek Pharmace has returned 53.83% as of today's recent price of $10.55.

Over the past year, Paratek Pharmace has traded in a range of $9.85 to $29.00 and is now at $10.55, 7% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has declined 1.3%.

Paratek Pharmaceuticals, Inc. is a biopharmaceutical company that engages in the development and commercialization of antibiotics. The Company develops medicine for serious community-acquired bacterial infections. Paratek Pharmaceuticals products treat patients in both the community and hospital setting.

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

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

Keywords: spotlights paratek pharmace

Ticker(s): PRTK