Lannett Co Inc (symbol: LCI) was one of the biggest winners of the trading
day today (2016-08-24), gaining 13.71%. The number of shares that changed
hands was 7,239,740, or about 10.5 times the average daily volume in the
stock.
The closing price was $36.75, amounting to a market cap of $1,350,000,000,
about -39.21% off the highest price in the last 12 months. The stock has
been trading at a range between $16.91 and $60.45.
LCI is in the Major Pharmaceuticals industry, part of the Health Care
sector.
Looking at its valuation, the stock is now trading at 18.29 times earnings.
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