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Premier Inc-Cl A Falling Today on Above-Average Volume (PINC)

By Shiri Gupta

Shares of Premier Inc-Cl A are trading today in above average volume, with the share price falling 0.8% to $34.14. About 367,000 shares have been traded today, as compared to the 30-day average volume of 290,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Premier Inc-Cl A on February 27th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.18. Since that recommendation, shares of Premier Inc-Cl A have risen 3.7%. We continue to monitor PINC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Premier Inc-Cl A have traded between a low of $27.16 and a high of $36.50 and are now at $34.14, which is 26% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.2%.

Keywords: unusual volume premier inc-cl a

Ticker(s): PINC