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LNDC Crosses Above Key Moving Average Level

By Market News Video Staff, Wednesday, April 20, 1:33 PM ET
Play Video: Learn About The 200 DMA

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In trading on Wednesday, shares of Landec Corp. (NASDAQ:LNDC) crossed above their 200 day moving average of $6.15, changing hands as high as $6.22 per share. Landec Corp. shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of LNDC shares, versus its 200 day moving average:

Landec Corp. 200 Day Moving Average Chart

Looking at the chart above, LNDC's low point in its 52 week range is $5.30 per share, with $7.08 as the 52 week high point — that compares with a last trade of $6.12.

LNDC operates in the Specialty Chemicals sector, among companies like Cytec Industries, Inc. (NYSE:CYT) which is up about 2.2% today, and W.R. Grace & Co. (NYSE:GRA) trading higher by about 4.5%. Below is a three month price history chart comparing the stock performance of LNDC, versus CYT and GRA.

LNDC,CYT,GRA Relative Performance Chart


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