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Hubspot Inc Looks to Continue to Trade Above its Annual-High Share Price Today

By Nick Russo

Hubspot Inc (NYSE:HUBS) traded at a new 52-week high today of $204.96. So far today approximately 73,000 shares have been exchanged, as compared to an average 30-day volume of 530,000 shares.

Over the past year, Hubspot Inc has traded in a range of $108.39 to $204.96 and is now at $204.32, 89% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.0%.

HubSpot, Inc. provides a cloud-based marketing and sales software platform. The Company offers integrated applications that helps in lead generation and social marketing.

Hubspot Inc (NYSE:HUBS) is currently priced 39.3% above its average consensus analyst price target of $124.08. Hubspot Inc shares have support at the 50-day moving average (MA) of $180.45 and additional support at the 200-day MA of $162.31.

SmarTrend recommended that subscribers consider buying shares of Hubspot Inc on August 8th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $193.29. Since that recommendation, shares of Hubspot Inc have risen 5.1%. We continue to monitor HUBS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows hubspot inc

Ticker(s): HUBS