• Return to Headlines

Shares of SCMP Down 21.4% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Sucampo Pharmaceuticals (NASDAQ:SCMP) on December 20th, 2016 at $13.87. In approximately 3 months, Sucampo Pharmaceuticals has returned 21.41% as of today's recent price of $10.90.

Over the past year, Sucampo Pharmaceuticals has traded in a range of $9.59 to $29.67 and is now at $10.88, 13% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.8% while the 200-day MA has slid 1.2%.

Sucampo Pharmaceuticals, Inc. researches and develops drugs based on protones, which are derived from functional fatty acids. The Company produces a prescription drug for the treatment of chronic idiopathic constipation.

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

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

Keywords: spotlights sucampo pharmaceuticals

Ticker(s): SCMP