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Krispy Kreme Doughnuts Shares Up 38.3% Since SmarTrend's Buy Recommendation (KKD)

By Nick Russo

SmarTrend identified an Uptrend for Krispy Kreme Doughnuts (NYSE:KKD) on March 7th, 2016 at $15.18. In approximately 16 months, Krispy Kreme Doughnuts has returned 38.34% as of today's recent price of $21.00.

In the past 52 weeks, shares of Krispy Kreme Doughnuts have traded between a low of $12.90 and a high of $21.75 and are now at $21.00, which is 63% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.5%.

Krispy Kreme Doughnuts, Inc. owns, operates, and franchises retail stores that sell doughnuts. The Company operates its stores under the Krispy Kreme name and specializes in making doughnuts, including their Hot Original Glazed. Krispy Kreme fully displays the production process, also known as the doughnut making theater.

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

Log in and add Krispy Kreme Doughnuts (KKD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights krispy kreme doughnuts

Ticker(s): KKD