Market Position:
Elanco Animal Health NYSE:ELAN focuses on innovating and marketing products for pets and farm animals. CEO Jeff Simmons credits the company's growth to "accelerating contribution from innovation, stabilizing core volumes, price growth, and improved market conditions in Europe."
Sector Growth:
Animal health is a promising sector for growth...
Despite negative analyst reviews, ELAN managed to beat EPS and Revenue expectations and prove again that it will fight for market share.
Demand in the stock picked up for the last 2 weeks and a return of the stock price to its 200ma has a high probability to happen.
Do your homework and watch your risk.