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Downtrend Call Working As Lemaitre Vascula Stock Falls 25.2% (LMAT)

By Shiri Gupta

SmarTrend identified a Downtrend for Lemaitre Vascula (NASDAQ:LMAT) on February 7th, 2020 at $30.19. In approximately 2 months, Lemaitre Vascula has returned 25.19% as of today's recent price of $22.58.

Lemaitre Vascula share prices have moved between a 52-week high of $38.64 and a 52-week low of $18.76 and are now trading 20% above that low price at $22.58 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.5% while the 200-day MA has slid 0.2%.

LeMaitre Vascular, Inc. manufactures medical devices for vascular surgeons and interventionists. The Company develops, produces, and markets disposable and implantable devices for the treatment of peripheral vascular disease such as stent grafts, anastomotic clips, valvulotomes, radiopaque marking tape, shunts, and embolectomy catheters.

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

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

Keywords: spotlights lemaitre vascula

Ticker(s): LMAT