|
Stock to Watch: AEterna Zentaris Down 29.0% (AEZS)
Mar 11, 2013 (SmarTrend(R) Spotlight via COMTEX) --
AEterna Zentaris (NASDAQ:AEZS) is one of today's worst performing low-priced stocks, down 29.0% to $1.86 on 3.0x average daily volume. AEterna Zentaris has traded 2.5 million shares thus far today, vs. average volume of 830,000 shares per day. The stock has underperformed the Dow (-29.0% to the Dow's 0.2%) and underperformed the S&P 500 (-29.0% to the S&P's 0.1%) during today's trading.
AEterna Zentaris share prices have moved between a 52-week high of $12.84 and a 52-week low of $1.75 and are now trading 6% above that low price at $1.86 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has slid 0.6%.
AEterna Zentaris (NASDAQ:AEZS) has potential upside of 190.2% based on a current price of $1.86 and analysts' consensus price target of $5.40. The stock should find initial resistance at its 50-day moving average (MA) of $2.63 and further resistance at its 200-day MA of $2.71.
AEterna Zentaris Inc is a biopharmaceutical company focused in oncology and endocrine therapy. The Company's portfolio includes an orally-active inhibitor for multiple cancers, as well a product marketed for in vitro fertilization. AEterna Zentaris also develops and sells active ingredients, specialty chemicals, cosmetic, and nutritional products.
SmarTrend recommended that subscribers consider buying shares of AEterna Zentaris on December 28th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $2.49. Since that recommendation, shares of AEterna Zentaris have risen 5.4%. We continue to monitor AEZS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup
[ Back To Technology News's Homepage ]
|
Internet Telephony Magazine
Click here to read latest issue
CUSTOMER 
Cloud Computing Magazine
Click here to read latest issue
M2M Evolution Magazine
Call Center/CRM
Info Tech 
IP Communications 
Mobile 
Green 
Satellite 
Robotics 
