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Merit Medical Up 34.8% Since SmarTrend Uptrend Call (MMSI)

By Nick Russo

SmarTrend identified an Uptrend for Merit Medical (NASDAQ:MMSI) on February 16th, 2018 at $45.60. In approximately 8 months, Merit Medical has returned 34.78% as of today's recent price of $61.46.

In the past 52 weeks, Merit Medical share prices have been bracketed by a low of $18.22 and a high of $66.34 and are now at $61.46, 237% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.1%.

Merit Medical Systems, Inc. manufactures and markets products used in diagnostic and interventional cardiology and radiology procedures. The Company's primary products include inflation devices, guide wires, thrombolytic catheters and fluid dispensing systems, and angiography accessories, among others. Merit's products are sold worldwide.

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

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

Keywords: spotlights merit medical

Ticker(s): MMSI