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LNDC Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Monday, June 6, 3:34 PM ET
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In trading on Monday, shares of Landec Corp. (NASDAQ:LNDC) crossed above their 200 day moving average of $6.11, changing hands as high as $6.12 per share. Landec Corp. shares are currently trading up about 0.5% 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 $5.97.

LNDC operates in the Specialty Chemicals sector, among companies like Kronos Worldwide Inc (NYSE:KRO) which is down about 0.7% today, and Valspar Corp. (NYSE:VAL) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of LNDC, versus KRO and VAL.

LNDC,KRO,VAL Relative Performance Chart


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