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Shares of BNFT Up 30.5% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Benefitfocus Inc (NASDAQ:BNFT) on March 22nd, 2018 at $26.67. In approximately 2 months, Benefitfocus Inc has returned 30.46% as of today's recent price of $34.80.

In the past 52 weeks, Benefitfocus Inc share prices have been bracketed by a low of $21.75 and a high of $44.98 and are now at $34.80, 60% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 2.3%.

Benefitfocus, Inc. is a provider of cloud-based benefits software solutions for consumers, employers, insurance carriers, and brokers. The Company's platform provides an integrated suite of solutions that enables customers to more efficiently shop, enroll, manage, and exchange benefits information.

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

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

Keywords: spotlights benefitfocus inc

Ticker(s): BNFT