LCI - Shares of Lannett Co Inc (LCI) Surpass 52-Week Low

Lannett Co Inc (NYSE:LCI) traded today at a new 52-week low of $4.70. Approximately 180,000 shares have changed hands today, as compared to an average 30-day volume of 484,000 shares.

Over the past year, Lannett Co Inc has traded in a range of $4.70 to $10.70 and is now at $4.97.

Lannett Co Inc (NYSE:LCI) is currently priced 82.5% above its average consensus analyst price target of $0.87.

Lannett Co Inc develops, manufactures, packages, markets, and distributes generic versions of brand pharmaceutical products. It offers solid oral, extended-release, topical, nasal, and oral solution finished dosage forms of drugs that address a range of therapeutic areas, as well as ophthalmic, patch, foam, buccal, sublingual, soft gel, and injectable dosages. In addition, the company also provides its products for various medical indications comprising glaucoma, gastrointestinal, migraine, obesity, respiratory and others. It operates in the segment of generic pharmaceuticals. Its customers include generic pharmaceutical distributors, drug wholesalers, chain drug stores, private label distributors, mail-order pharmacies, and others.

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