Landec Enters Oversold Territory (LNDC) Wednesday, September 30, 12:21 PM ET, by Market News Video Staff Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
In trading on Thursday, shares of Landec Corp. (NASDAQ:LNDC) crossed below their 200 day moving average of $6.22, changing hands as low as $6.20 per share. Landec Corp. shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of LNDC shares, versus its 200 day moving average:
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 $6.31.
LNDC operates in the Specialty Chemicals sector, among companies like Sigma-Aldrich Corp. (SIAL) which is up about 0.5% today, and Lubrizol Corp (LZ) trading relatively unchanged. Below is a three month price history chart comparing the stock performance of LNDC, versus SIAL and LZ.
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