Warner Chilcott breaking to the upside (NASDAQ:WCRX)

by Josh Warner Chilcott plc ($WCRX) is continue the move to the upside. Warner Chilcott shares are up 2.31% at $20.86 on a volume of 3,078,000 shares. Warner Chilcott plc continues to trade along the upper edge of the price envelope.

Shares are breaking out of the ascending triangle that has defined the price action the past few months. Ascending triangles are bullish continuation patterns with found in an up trending stock. Volume is slightly above average with the average daily volume of 5.5 million shares.

52 Week Range $10.85-$20.75 Market Cap 5,263,877,506 Average Volume 6,525,185 Dividend Yield 2.45% Institutional Ownership 97.00% Insider Ownership: 3.90% Percentage of Float Short 2.70% Beta 1.25

Warner Chilcott plc is above both the 50 day and the 200 day moving average.

Warner Chilcott plc Warner Chilcott is a pharmaceutical company currently focused on the gastroenterology, women’s healthcare, dermatology and urology segments of the North American and Western European pharmaceuticals markets.

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