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Sparton Shares Up 57.6% Since SmarTrend's Buy Recommendation (SPA)

By Amy Schwartz

SmarTrend identified an Uptrend for Sparton (NYSE:SPA) on March 7th, 2016 at $15.74. In approximately 8 months, Sparton has returned 57.56% as of today's recent price of $24.80.

In the past 52 weeks, shares of Sparton have traded between a low of $11.19 and a high of $29.49 and are now at $24.80, which is 122% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.9% while the 200-day MA has slid 0.4%.

Sparton Corporation provides electronic manufacturing services, including design and/or manufacture of a variety of electronic and electromechanical products and assemblies. The Company's products include microprocessor-based systems, transducers, printed circuit boards, and sensors. Sparton also develops and manufactures sonobuoys, which are anti-submarine warfare devices.

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

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

Keywords: spotlights sparton

Ticker(s): SPA