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Michael Baker Up 21.5% Since SmarTrend Uptrend Call (BKR)

By David Diaz

SmarTrend identified an Uptrend for Michael Baker (AMEX:BKR) on December 17th, 2012 at $20.55. In approximately 4 weeks, Michael Baker has returned 21.54% as of today's recent price of $24.97.

In the past 52 weeks, shares of Michael Baker have traded between a low of $17.84 and a high of $27.43 and are now at $24.97, which is 40% above that low price. The 200-day and 50-day moving averages have moved 0.03% higher and 0.68% higher over the past week, respectively.

Michael Baker Corporation provides engineering, construction, and operations and technical services to industrial and governmental customers in the United States and internationally. The Company's business units focus on the building, civil, energy, environmental, and transportation markets.

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

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

Keywords: spotlights amex:bkr michael baker

Ticker(s): BKR