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Electro Scientific Industries Up 38.4% Since SmarTrend Uptrend Call (ESIO)

By James Quinn

SmarTrend identified an Uptrend for Electro Scientific Industries (NASDAQ:ESIO) on December 13th, 2016 at $5.97. In approximately 6 months, Electro Scientific Industries has returned 38.36% as of today's recent price of $8.26.

Electro Scientific Industries share prices have moved between a 52-week high of $9.20 and a 52-week low of $4.09 and are now trading 102% above that low price at $8.26 per share. The 200-day and 50-day moving averages have moved 0.84% higher and 0.15% lower over the past week, respectively.

Electro Scientific Industries, Inc. designs and manufactures products used worldwide in electronics manufacturing. The Company's products are used in wireless telecommunications, computers, automotive electronics, and other electronic products. The Company supplies laser systems, test and termination equipment, laser drilling systems, and machine vision systems.

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

Log in and add Electro Scientific Industries (ESIO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights electro scientific industries

Ticker(s): ESIO