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Kmg Chemicals Shares Up 20.1% Since SmarTrend's Buy Recommendation (KMG)

By David Diaz

SmarTrend identified an Uptrend for Kmg Chemicals (NYSE:KMG) on April 16th, 2018 at $65.41. In approximately 2 months, Kmg Chemicals has returned 20.13% as of today's recent price of $78.57.

In the past 52 weeks, shares of Kmg Chemicals have traded between a low of $45.65 and a high of $79.35 and are now at $78.57, which is 72% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.6%.

KMG Chemicals, Inc. manufactures, formulates, and distributes specialty chemicals for a range of industries, including electronics, industrial wood preservation, and industrial lubricant markets. The Company also formulates and blends acids, solvents, and other wet chemicals used to etch and clean silicon wafers in the production of semiconductors, photovoltaics, and flat panels.

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

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

Keywords: spotlights kmg chemicals

Ticker(s): KMG