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26.4% Return Seen to Date on SmarTrend Sun Hydraulics Call (SNHY)

By Shiri Gupta

SmarTrend identified an Uptrend for Sun Hydraulics (NASDAQ:SNHY) on April 26th, 2017 at $37.90. In approximately 4 months, Sun Hydraulics has returned 26.41% as of today's recent price of $47.91.

In the past 52 weeks, shares of Sun Hydraulics have traded between a low of $27.69 and a high of $48.44 and are now at $47.88, which is 73% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%.

Sun Hydraulics Corporation designs and manufactures high-performance, screw-in hydraulic cartridge valves and manifolds which control force, speed, and motion as integral components in fluid power systems. The Company sells its products worldwide through independent distributors.

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

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

Keywords: spotlights sun hydraulics

Ticker(s): SNHY