Stock price performance of Lannett Co Inc is analyzed for various periods using several stock trading signals. The stock price have dropped -14.74% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -34.87% . Looking at the past 52 week period, the stock price is down -19.62% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Lannett Co Inc has a positive value of 22.98 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 5.86% and the 50-Day Moving Average is 12.37%.The 200 Day SMA reached 21.31%
Lannett Company, Inc. is having a Relative Strength Index of 44.07 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Lannett Co Inc (NYSE:LCI) rallied by 1.79% during the past week but lost 10.34% on a 4-week basis. The company has outperformed the S&P 500 by 1.66% in the past week but underperformed the index by 11.14% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Dec 15, 2016, David Farber (10% owner) sold 6,200 shares at 25.15 per share price.On Sep 16, 2016, G. Michael Landis (Principal Accounting Officer) sold 4,334 shares at 32.30 per share price.On Sep 1, 2016, James M. Maher (director) sold 1,478 shares at 33.91 per share price.
Lannett Company Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.92 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $0.84. The company had revenue of $170.90 million for the quarter, compared to analysts expectations of $169.05 million. The companys revenue was up 34.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS.
Lannett Co Inc (NYSE:LCI) stock ended Friday session in the red zone in a volatile trading. The stock closed down 1.75 points or 8.06% at $19.95 with 2,556,539 shares getting traded. Post opening the session at $21.75, the shares hit an intraday low of $19.55 and an intraday high of $21.9 and the price was in this range throughout the day. The company has a market cap of $735 million and the number of outstanding shares has been calculated to be 36,838,519 shares. The 52-week high of Lannett Co Inc (NYSE:LCI) is $39.99 and the 52-week low is $16.75.
Lannett, Inc. manufactures and distributes pharmaceutical products sold under generic names and historically has manufactured and distributed pharmaceutical products sold under its trade or brand names. In addition, the Company contract manufactures and private labels pharmaceutical products for other companies.