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38.9% Return Seen to Date on SmarTrend Ebix Inc Call (EBIX)

By Shiri Gupta

SmarTrend identified an Uptrend for Ebix Inc (NASDAQ:EBIX) on July 27th, 2017 at $57.08. In approximately 5 months, Ebix Inc has returned 38.94% as of today's recent price of $79.30.

Over the past year, Ebix Inc has traded in a range of $44.80 to $80.85 and is now at $79.30, 77% above that low. Over the past week, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 3.1%.

Ebix, Inc. supplies software and electronic commerce solutions to the insurance industry. The Company provides a series of application software ranging from carrier systems, agency systems, and exchanges to custom software development for all entities involved in the insurance and financial industries. Ebix offers products, support, and consultancy to customers on several continents.

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

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

Keywords: spotlights ebix inc

Ticker(s): EBIX