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Orbcomm Inc Up 30.7% Since SmarTrend Uptrend Call (ORBC)

By James Quinn

SmarTrend identified an Uptrend for Orbcomm Inc (NASDAQ:ORBC) on February 28th, 2017 at $8.82. In approximately 5 months, Orbcomm Inc has returned 30.69% as of today's recent price of $11.52.

Orbcomm Inc share prices have moved between a 52-week high of $11.60 and a 52-week low of $7.15 and are now trading 61% above that low price at $11.52 per share. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 0.9%.

ORBCOMM, Inc. offers wireless messaging services. The Company operates low earth orbit satellites and ground infrastructure that enable customers to track, monitor, control, and communicate with fixed and mobile assets located anywhere in the world.

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

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

Keywords: spotlights orbcomm inc

Ticker(s): ORBC