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Perkinelmer Inc Shares Up 30.0% Since SmarTrend's Buy Recommendation (PKI)

By Shiri Gupta

SmarTrend identified an Uptrend for Perkinelmer Inc (NYSE:PKI) on December 13th, 2016 at $53.81. In approximately 7 months, Perkinelmer Inc has returned 29.99% as of today's recent price of $69.94.

Over the past year, Perkinelmer Inc has traded in a range of $45.35 to $70.16 and is now at $69.94, 54% above that low. The 200-day and 50-day moving averages have moved 0.05% lower and 0.60% higher over the past week, respectively.

PerkinElmer, Inc. provides technology, services, and solutions to the diagnostics, research, environmental, industrial and laboratory services market. The Company's products include equipment used for genetic screening and drug discovery, optoelectronics, analytical instruments, image detection systems, and fluid containment products.

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

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

Keywords: spotlights perkinelmer inc

Ticker(s): PKI