Titan Pharmaceuticals (NASDAQ:TTNP) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Titan Pharmaceuticals, Inc. (NASDAQ:TTNPGet Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.37 and traded as high as $4.39. Titan Pharmaceuticals shares last traded at $3.98, with a volume of 40,794 shares.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Titan Pharmaceuticals in a report on Saturday. They set a “sell” rating on the stock.

Check Out Our Latest Analysis on TTNP

Titan Pharmaceuticals Trading Up 1.5 %

The stock has a fifty day moving average of $3.52 and a two-hundred day moving average of $4.37.

Titan Pharmaceuticals (NASDAQ:TTNPGet Free Report) last announced its quarterly earnings data on Friday, January 3rd. The specialty pharmaceutical company reported ($0.83) earnings per share for the quarter.

Titan Pharmaceuticals Company Profile

(Get Free Report)

Titan Pharmaceuticals, Inc, a pharmaceutical company, develops therapeutics for the treatment of chronic diseases in the United States and internationally. It develops products based on ProNeura, a proprietary long-term drug delivery platform. It also develops TP-2021 in combination with ProNeura technology for the treatment of chronic pruritus, a severe and debilitating condition defined as itching of the skin lasting longer than six weeks; and Nalmefene implant program for the prevention of opioid relapse following detoxification of patients suffering opioid use disorder.

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