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Shares of Entegris Rise to a New 52-Week High

By David Diaz

Entegris (NASDAQ:ENTG) traded at a new 52-week high today of $26.19. Approximately 216,000 shares have changed hands today, as compared to an average 30-day volume of 396,000 shares.

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.

In the past 52 weeks, Entegris share prices have been bracketed by a low of $10.37 and a high of $26.19 and are now at $26.00, 151% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

Entegris (NASDAQ:ENTG) is currently priced 12.2% above its average consensus analyst price target of $22.83. The stock should discover initial support at its 50-day moving average (MA) of $13.18 and subsequent support at its 200-day MA of $13.09.

SmarTrend is monitoring the recent change of momentum in Entegris. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Entegris in search of a potential trend change.

Keywords: 52 week high/lows entegris

Ticker(s): ENTG