Stock Alert: AEterna Zentaris Inc. (USA) (NASDAQ:AEZS) by EpicStockPicks
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Shares of the Company are currently trading above their 50-day moving average of $2.09 and above their 200-day moving average of $1.61. Its market cap is at $215.84 Millions.
SmarTrend scans for speculative low-price stocks under $5 for reversals in trends. A large price movement usually may signal continuation or reversal of a trend.
The Company falls in SmarTrend’s Biotechnology industry and this industry is currently marked in an Uptrend. An industry trend that matches the stock’s trend assists to add faith in the stock’s Uptrend and price prediction.
SmarTrend currently has shares of AEterna Zentaris in an Uptrend and had issued the Uptrend alert on September 17, 2010 at $1.29. The stock has gone up by 83% already since the Uptrend alert was issued.
AEterna Zentaris Inc. is a drug development company specialized in oncology and endocrine therapy. The Company’s product pipeline encompasses compounds at all stages of development, from drug discovery through marketed products.
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