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small-cap

One NYSE – Listed Pharmaceuticals Stock at Resistance Level: Emergent BioSolutions Inc

Apr 11, 2024 | Team Kalkine
One NYSE – Listed Pharmaceuticals Stock at Resistance Level: Emergent BioSolutions Inc

EBS:NYSE
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Emergent BioSolutions Inc

Company Overview: Emergent BioSolutions, Inc. (NYSE: EBS) is a life sciences company providing preparedness and response solutions addressing accidental, deliberate and naturally occurring public health threats (PHTs). Its segments include Products Segment and Services Segment.

As per our previous US Daily report published on ‘EBS’ on 14th November 2023, Kalkine provided an ‘Speculative Buy’ stance on the stock at USD 1.82 based on price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis and the stock price has now moved by ~20.87% since then and has attained both resistance 1 and resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

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