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Nic Inc Shares Up 27.6% Since SmarTrend's Buy Recommendation (EGOV)

By Shiri Gupta

SmarTrend identified an Uptrend for Nic Inc (NASDAQ:EGOV) on January 14th, 2019 at $13.44. In approximately 3 months, Nic Inc has returned 27.60% as of today's recent price of $17.15.

Over the past year, Nic Inc has traded in a range of $11.76 to $17.70 and is now at $17.15, 46% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

NIC, Inc. provides eGovernment services that helps governments use the Internet to provide various services to businesses and citizens in the United States. The Company enters into long-term contracts with state and local governments to design, build, and operate internet-based, enterprise-wide portals on their behalf.

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

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

Keywords: spotlights nic inc

Ticker(s): EGOV