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23.0% Return Seen to Date on SmarTrend Nic Inc Call (EGOV)

By Nick Russo

SmarTrend identified an Uptrend for Nic Inc (NASDAQ:EGOV) on January 14th, 2019 at $13.44. In approximately 4 months, Nic Inc has returned 22.99% as of today's recent price of $16.53.

Nic Inc share prices have moved between a 52-week high of $18.11 and a 52-week low of $11.76 and are now trading 41% above that low price at $16.53 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.2%.

NIC, Inc. provides eGovernment services that helps governments use the Internet to provide various services to businesses and citizens in the United States. The Company enters into long-term contracts with state and local governments to design, build, and operate internet-based, enterprise-wide portals on their behalf.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Nic Inc shares.

Log in and add Nic Inc (EGOV) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights nic inc

Ticker(s): EGOV