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Comtech Telecomm Shares Up 67.1% Since SmarTrend's Buy Recommendation (CMTL)

By David Diaz

SmarTrend identified an Uptrend for Comtech Telecomm (NASDAQ:CMTL) on November 21st, 2016 at $11.51. In approximately 9 months, Comtech Telecomm has returned 67.07% as of today's recent price of $19.23.

Over the past year, Comtech Telecomm has traded in a range of $9.52 to $19.90 and is now at $19.23, 102% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has slid 0.5%.

Comtech Telecommunications Corp. designs, develops, and manufactures technology electronic products and systems. The Company's communications products are used worldwide for voice, data, facsimile, and video transmissions at microwave frequencies in satellite, over-the-horizon microwave, terrestrial line-of-sight, and wireless telecommunications.

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

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

Keywords: spotlights comtech telecomm

Ticker(s): CMTL