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Essendant Inc Up 41.9% Since SmarTrend Uptrend Call (ESND)

By Amy Schwartz

SmarTrend identified an Uptrend for Essendant Inc (NASDAQ:ESND) on April 12th, 2018 at $9.71. In approximately 2 months, Essendant Inc has returned 41.92% as of today's recent price of $13.78.

Essendant Inc share prices have moved between a 52-week high of $32.64 and a 52-week low of $7.20 and are now trading 91% above that low price at $13.78 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 3.5%.

Essendant Inc. supplies workplace essentials. The Company offers office and food service products, computer hardware, furniture, welding, safety, and janitorial and sanitation supplies. Essendant serves office furniture dealers, online retailers, janitorial and sanitation distributors, and omni-channel suppliers.

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

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

Keywords: spotlights essendant inc

Ticker(s): ESND