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Abiomed Inc Shares Up 57.1% Since SmarTrend's Buy Recommendation (ABMD)

By Nick Russo

SmarTrend identified an Uptrend for Abiomed Inc (NASDAQ:ABMD) on February 14th, 2018 at $246.40. In approximately 3 months, Abiomed Inc has returned 57.06% as of today's recent price of $386.98.

In the past 52 weeks, shares of Abiomed Inc have traded between a low of $95.14 and a high of $387.21 and are now at $386.98, which is 307% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.6%.

ABIOMED, Inc. develops, manufactures, and markets cardiovascular products. The Company develops technologies designed to assist and replace the pumping function of the heart. Abiomed's products and services are used by health care professionals in worldwide.

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

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

Keywords: spotlights abiomed inc

Ticker(s): ABMD