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mlkrborn

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mlkrborn

Re: None

Wednesday, 03/24/2010 5:58:37 AM

Wednesday, March 24, 2010 5:58:37 AM

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Penwest Pharmaceuticals: The Trend Continues Up (PPCO)
Tuesday March 23, 2010 18:10:02 EDT
Mar 23, 2010 (SmarTrend(R) Spotlight via COMTEX News Network) --

SmarTrend identified an Uptrend for Penwest Pharmaceuticals (NASDAQ:PPCO) on November 06, 2009 at $2.36. In approximately 5 months, Penwest Pharmaceuticals has returned 45.8% as of today's recent price of $3.44.

Penwest Pharmaceuticals is currently above its 50-day moving average of $2.68 and above its 200-day moving average of $2.47. Look for these moving averages to climb to confirm the company's upward momentum.

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