Recent 52-Week High Exceeded in Shares of Entegris (ENTG)
Shares of Entegris (NASDAQ:ENTG) traded at a new 52-week high today of $17.65. This new high was reached on above average trading volume as 1.1 million shares traded hands, while the average 30-day volume is approximately 396,000 shares.
Over the past year, Entegris has traded in a range of $10.37 to $17.65 and is now at $17.64, 70% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has remained constant.
Entegris (NASDAQ:ENTG) is currently priced 9.9% above its average consensus analyst price target of $15.90. Entegris shares have support at the 50-day moving average (MA) of $13.18 and additional support at the 200-day MA of $13.09.
Entegris Inc. provides materials management products and services to the microelectronics industry on a worldwide basis. The Company provides products such as wafer shippers, wafer transport and process carriers, pods, and work-in-process boxes. Entegris also provides chemical delivery products such as valves, fittings, tubing, pipe, and containers.
SmarTrend recommended that subscribers consider buying shares of Entegris on February 9th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $12.00. Since that recommendation, shares of Entegris have risen 26.8%. We continue to monitor ENTG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: 52 week high/lows entegris