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23.2% Return Seen to Date on SmarTrend Adtran Call (ADTN)

By David Diaz

SmarTrend identified an Uptrend for Adtran (NASDAQ:ADTN) on November 19th, 2015 at $16.14. In approximately 5 months, Adtran has returned 23.17% as of today's recent price of $19.88.

Adtran share prices have moved between a 52-week high of $20.80 and a 52-week low of $13.92 and are now trading 43% above that low price at $19.88 per share. The 200-day and 50-day moving averages have moved 0.28% higher and 0.49% higher over the past week, respectively.

ADTRAN, Inc. designs, develops, manufactures, markets, and services a variety of high-speed digital transmission products. The Company's products are used by telephone companies and corporate end-users to implement advanced digital data services over existing telephone networks. ADTRAN also offers a line of multiplexers which provides modular flexibility.

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

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

Keywords: spotlights Adtran

Ticker(s): ADTN