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Balchem Corp Has Returned 28.1% Since SmarTrend Recommendation (BCPC)

By Shiri Gupta

SmarTrend identified an Uptrend for Balchem Corp (NASDAQ:BCPC) on March 5th, 2018 at $77.51. In approximately 3 months, Balchem Corp has returned 28.14% as of today's recent price of $99.32.

Over the past year, Balchem Corp has traded in a range of $70.23 to $99.93 and is now at $99.32, 41% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.2%.

Balchem Corporation develops, manufactures, and markets specialty performance ingredients for the food, feed, and medical sterilization industries. The Company micro-encapsulates performance ingredients, and also repackages and markets specialty gases. Balchem sells its products through its own sales force, independent distributors, and sales agents.

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

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

Keywords: spotlights balchem corp

Ticker(s): BCPC