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TMCNet:  AEterna Zentaris Up 21.2%, Shares Break Through Resistance (AEZS)

[December 28, 2012]

AEterna Zentaris Up 21.2%, Shares Break Through Resistance (AEZS)

Dec 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- AEterna Zentaris (NASDAQ:AEZS) is one of today's best performing low-priced stocks, up 21.2% to $2.63 on 12.6x average daily volume. Thus far today, AEterna Zentaris has traded 4.9 million shares, vs. average volume of 384,000 shares per day. The stock has outperformed the Dow (21.2% to the Dow's -0.4%) and outperformed the S&P 500 (21.2% to the S&P's -0.4%) during today's trading.
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In the past 52 weeks, AEterna Zentaris share prices have been bracketed by a low of $0.38 and a high of $3.55 and are now at $2.63, 592% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has declined 1.9%.

AEterna Zentaris has overhead space with shares priced $2.63, or 44.6% below the average consensus analyst price target of $4.75. The stock should find initial support at its 50-day moving average (MA) of $2.20 and further support at its 200-day MA of $1.12.

AEterna Zentaris Inc is a biopharmaceutical company focused in oncology and endocrine therapy. The Company's portfolio includes an orally-active inhibitor for multiple cancers, as well a product marketed for in vitro fertilization. AEterna Zentaris also develops and sells active ingredients, specialty chemicals, cosmetic, and nutritional products.

SmarTrend is tracking the current trend status for AEterna Zentaris and will alert subscribers who have AEZS in their portfolio or watchlist when shares have changed trend direction.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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