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Parexel Intl Trading Higher Today on Above-Average Volume, Consistent With Trend (PRXL)

By Nick Russo

Shares of Parexel Intl are trading today in above average volume, with the share price rising 0.8% to $87.82. Approximately 621,000 shares have changed hands today vs. average 30-day volume of 446,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Parexel Intl on May 4th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $67.53. Since that recommendation, shares of Parexel Intl have risen 29.0%. We continue to monitor PRXL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Parexel Intl share prices have been bracketed by a low of $51.16 and a high of $87.86 and are now at $87.80, 72% above that low price. The 200-day and 50-day moving averages have moved 0.19% lower and 0.26% higher over the past week, respectively.

Keywords: unusual volume parexel intl

Ticker(s): PRXL