• Return to Headlines

Akamai Technolog Shares Up 44.0% Since SmarTrend's Buy Recommendation (AKAM)

By Nick Russo

SmarTrend identified an Uptrend for Akamai Technolog (NASDAQ:AKAM) on October 3rd, 2017 at $50.27. In approximately 7 months, Akamai Technolog has returned 44.02% as of today's recent price of $72.40.

In the past 52 weeks, Akamai Technolog share prices have been bracketed by a low of $44.65 and a high of $78.28 and are now at $72.40, 62% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.8%.

Akamai Technologies, Inc. provides services for accelerating and improving the delivery of content and applications over the internet, ranging from live and on-demand streaming video capabilities to conventional content on websites, to tools that help people transact business and reach out to new and existing customers.

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

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

Keywords: spotlights akamai technolog

Ticker(s): AKAM