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Delcath Systems Down 5.2%, Shares Slide into the Red (DCTH)
[March 14, 2013]

Delcath Systems Down 5.2%, Shares Slide into the Red (DCTH)

Mar 14, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Delcath Systems (NASDAQ:DCTH) is one of today's worst performing low-priced stocks, down 5.2% to $1.82 on 1.2x average daily volume. Delcath Systems has traded 3.2 million shares thus far today, vs. average volume of 2.7 million shares per day. The stock has underperformed the Dow (-5.2% to the Dow's 0.4%) and underperformed the S&P 500 (-5.2% to the S&P's 0.3%) during today's trading.

Potential upside of 161.7% exists for Delcath Systems, based on a current level of $1.82 and analysts' average consensus price target of $4.76. Delcath Systems shares have support at the 200-day moving average (MA) of $1.63 and additional support at the 50-day MA of $1.54.

Delcath Systems Inc. has developed a system to isolate the liver from the circulatory system and to administer chemotherapy and other therapeutic agents directly to the liver. This system filters the patients blood removing most of the harmful chemotherapy agents lessening the side-effects of the treatment.

In the past 52 weeks, Delcath Systems share prices have been bracketed by a low of $1.01 and a high of $9.70 and are now at $1.82, 80% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 3.1% while the 200-day MA has slid 0.2%.

SmarTrend recommended that subscribers consider buying shares of Delcath Systems on November 29th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $1.51. Since that recommendation, shares of Delcath Systems have risen 27.6%. We continue to monitor DCTH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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