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Shares of WMGI Up 26.4% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Wright Medical G (NASDAQ:WMGI) on May 10th, 2018 at $23.84. In approximately 6 months, Wright Medical G has returned 26.38% as of today's recent price of $30.13.

In the past 52 weeks, Wright Medical G share prices have been bracketed by a low of $15.85 and a high of $31.53 and are now at $30.13, 90% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has remained constant.

Wright Medical Group N.V. operates as a medical device company. The Company offers surgical solutions for the upper and lower extremities and biologics markets. Wright Medical Group provides joint replacement, trauma, sports medicine, and biologic products to treat the extremities, as well as joint replacement products for the hip and knee in certain international markets.

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

Log in and add Wright Medical G (WMGI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights wright medical g

Ticker(s): WMGI