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Proofpoint Inc Shares Up 30.4% Since SmarTrend's Buy Recommendation (PFPT)

By Nick Russo

SmarTrend identified an Uptrend for Proofpoint Inc (NASDAQ:PFPT) on January 15th, 2019 at $92.76. In approximately 4 months, Proofpoint Inc has returned 30.43% as of today's recent price of $120.98.

Proofpoint Inc share prices have moved between a 52-week high of $131.43 and a 52-week low of $75.92 and are now trading 59% above that low price at $120.98 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Proofpoint, Inc. is a global provider of enterprise software solutions. The Company's products are comprised of an integrated suite of on-demand data protection solutions, including threat protection, regulatory compliance, archiving and governance, and secure communication. Proofpoint offers its services to large and mid-sized organizations worldwide.

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

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

Keywords: spotlights proofpoint inc

Ticker(s): PFPT