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Shares of INOV Up 28.8% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Inovalon Holdi-A (NASDAQ:INOV) on April 24th, 2019 at $13.20. In approximately 5 months, Inovalon Holdi-A has returned 28.84% as of today's recent price of $17.00.

In the past 52 weeks, Inovalon Holdi-A share prices have been bracketed by a low of $8.90 and a high of $17.70 and are now at $16.97, 91% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.7%.

Inovalon Holdings, Inc. operates as a technology company. The Company offers cloud-based platforms empowering a data-driven transformation from volume-based to value-based models throughout the healthcare industry.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Inovalon Holdi-A shares.

Log in and add Inovalon Holdi-A (INOV) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights inovalon holdi-a

Ticker(s): INOV