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Shares of Quotient Technol Rise to a New 52-Week High

By Amy Schwartz

Shares of Quotient Technol (NYSE:QUOT) traded at a new 52-week high today of $14.95. Approximately 54,000 shares have changed hands today, as compared to an average 30-day volume of 396,000 shares.

Over the past year, Quotient Technol has traded in a range of $9.10 to $14.95 and is now at $14.75, 62% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.2%.

There is potential upside of 5.8% for shares of Quotient Technol based on a current price of $14.75 and an average consensus analyst price target of $15.60. The stock should discover initial support at its 50-day moving average (MA) of $10.24 and subsequent support at its 200-day MA of $8.37.

Quotient Technology Inc. operates a promotion platform. The Company offers online printable, social, and mobile coupons in apparel, automotive, beverages, books, entertainment, food, healthcare, household, office supplies, pet, photography, professional services, and restaurants.

SmarTrend recommended that subscribers consider buying shares of Quotient Technol on May 4th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $11.50. Since that recommendation, shares of Quotient Technol have risen 30.4%. We continue to monitor QUOT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows quotient technol

Ticker(s): QUOT