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Shares of AXE Up 57.5% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Anixter Intl Inc (NYSE:AXE) on September 5th, 2019 at $62.50. In approximately 5 months, Anixter Intl Inc has returned 57.49% as of today's recent price of $98.43.

In the past 52 weeks, Anixter Intl Inc share prices have been bracketed by a low of $52.94 and a high of $99.39 and are now at $98.43, 86% above that low price. The 200-day and 50-day moving averages have moved 0.73% higher and 0.78% higher over the past week, respectively.

Anixter International Inc. is a global distributor of network and security, electrical and electronic, and utility power solutions. The Company helps to build, connect, protect, and power valuable assets and critical infrastructures, from enterprise networks to industrial MRO supply to video surveillance applications to electric power distribution.

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

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

Keywords: spotlights anixter intl inc

Ticker(s): AXE