Titan Pharmaceuticals (NASDAQ:TTNP) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Titan Pharmaceuticals, Inc. (NASDAQ:TTNPGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.12 and traded as low as $3.12. Titan Pharmaceuticals shares last traded at $3.61, with a volume of 47,798 shares.

Analyst Ratings Changes

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

Check Out Our Latest Analysis on Titan Pharmaceuticals

Titan Pharmaceuticals Stock Up 4.3 %

The business has a 50 day simple moving average of $3.86 and a 200-day simple moving average of $5.12.

About Titan Pharmaceuticals

(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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