Fluidigm Corp. (NASDAQ:FLDM) traded today at a new 52-week low of $4.65. So far today approximately 226,000 shares have been exchanged, as compared to an average 30-day volume of 855,000 shares.
Fluidigm Corporation develops, manufactures, and markets proprietary integrated fluidic circuit systems. The Company has commercialized IFC systems for a wide range of life science applications, including a system for gene expression analysis, genotyping, and digital PCR, and a system for protein crystallization.
Fluidigm Corp. has overhead space with shares priced $4.84, or 30.6% below the average consensus analyst price target of $6.97. The stock should find initial resistance at its 50-day moving average (MA) of $7.18 and further resistance at its 200-day MA of $10.26.
In the past 52 weeks, Fluidigm Corp. share prices are bracketed by a current low of $4.65 and a high of $14.66 and is now at $4.84. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 6.3%.
NetworkNewsWire is monitoring the Life Sciences Tools & Services Industry for any potential shift so investors can protect gains.
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