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Shares of VIVO Down 40.0% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Meridian Biosci (NASDAQ:VIVO) on December 20th, 2018 at $17.06. In approximately 8 months, Meridian Biosci has returned 40.02% as of today's recent price of $10.23.

Meridian Biosci share prices have moved between a 52-week high of $19.84 and the current low of $10.20 and are currently at $10.24 per share. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.2%.

Meridian Bioscience, Inc. manufactures, markets, and distributes diagnostic test kits, purified reagents, and related products. The Company offers bio-pharmaceutical enabling technologies. Meridian specializes in gastrointestinal and upper respiratory infections, serology, parasitology, and fungal disease diagnosis, as well as rare reagents and specialty biologicals.

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

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

Keywords: spotlights meridian biosci

Ticker(s): VIVO