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Shares of Verint Systems Rise Above Previous 52-Week High

By James Quinn

Shares of Verint Systems (NASDAQ:VRNT) traded at a new 52-week high today of $46.45. So far today approximately 101,000 shares have been exchanged, as compared to an average 30-day volume of 317,000 shares.

Verint Systems share prices have moved between a 52-week high of $46.45 and a 52-week low of $37.05 and are now trading 25% above that low price at $46.35 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

Potential upside of 5.7% exists for Verint Systems, based on a current level of $46.35 and analysts' average consensus price target of $49.00. Verint Systems shares have support at the 50-day moving average (MA) of $42.20 and additional support at the 200-day MA of $41.43.

Verint Systems Inc. provides analytic solutions for communications, interception, digital video security and surveillance, and enterprise business intelligence. The Company's software generates actionable intelligence through the collection, retention, and analysis of voice, fax, video, email, internet, and data transmission from various types of communications networks.

SmarTrend recommended that subscribers consider buying shares of Verint Systems on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $42.23. Since that recommendation, shares of Verint Systems have risen 8.2%. We continue to monitor VRNT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows verint systems

Ticker(s): VRNT