• Return to Headlines

Globus Medical I Has Returned 64.1% Since SmarTrend Recommendation (GMED)

By Amy Schwartz

SmarTrend identified an Uptrend for Globus Medical I (NYSE:GMED) on October 23rd, 2017 at $30.72. In approximately 6 months, Globus Medical I has returned 64.12% as of today's recent price of $50.41.

In the past 52 weeks, shares of Globus Medical I have traded between a low of $19.25 and a high of $52.18 and are now at $50.41, which is 162% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.2%.

Globus Medical, Inc. is a medical device company. The Company is focused exclusively on the design, development, and commercialization of products that promote healing in patients with spine disorders. Globus Medical's products fall into innovative fusion and disruptive technologies.

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

Log in and add Globus Medical I (GMED) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights globus medical i

Ticker(s): GMED