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58.1% Return Seen to Date on SmarTrend Iridium Communic Call (IRDM)

By David Diaz

SmarTrend identified an Uptrend for Iridium Communic (NASDAQ:IRDM) on May 24th, 2018 at $13.13. In approximately 4 months, Iridium Communic has returned 58.10% as of today's recent price of $20.75.

Iridium Communic share prices have moved between a 52-week high of $21.55 and a 52-week low of $6.80 and are now trading 205% above that low price at $20.75 per share. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.3%.

Iridium Communications, Inc. offers mobile satellite communications services. The Company's satellites operate in a low-earth orbit and provide 100% global coverage. Iridium Holdings offers voice and data communications services to the United States and foreign governments; businesses; non-governmental organizations; and consumers.

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

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

Keywords: spotlights iridium communic

Ticker(s): IRDM