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Ipg Photonics Has Returned 92.0% Since SmarTrend Recommendation (IPGP)

By James Quinn

SmarTrend identified an Uptrend for Ipg Photonics (NASDAQ:IPGP) on October 10th, 2016 at $85.54. In approximately 10 months, Ipg Photonics has returned 91.98% as of today's recent price of $164.21.

Ipg Photonics share prices have moved between a 52-week high of $168.93 and a 52-week low of $76.22 and are now trading 115% above that low price at $164.21 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

IPG Photonics Corporation produces high-power fiber lasers and amplifiers. The Company develops and commercializes optical fiber-based lasers used in a wide range of applications such as materials processing, telecommunications, and medical applications.

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

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

Keywords: spotlights ipg photonics

Ticker(s): IPGP