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Surmodics Inc Shares Up 18.7% Since SmarTrend's Buy Recommendation (SRDX)

By Shiri Gupta

SmarTrend identified an Uptrend for Surmodics Inc (NASDAQ:SRDX) on February 27th, 2018 at $30.70. In approximately 2 weeks, Surmodics Inc has returned 18.73% as of today's recent price of $36.45.

Surmodics Inc share prices have moved between a 52-week high of $36.85 and a 52-week low of $21.90 and are now trading 66% above that low price at $36.45 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has slid 0.2%.

Surmodics, Inc. designs and manufactures medical devices. The Company offers coronary stent systems, angioplasty catheters, chronic total occlusion devices, specialty guide wires, and intravascular sensors. Surmodics markets its products in the United States.

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

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

Keywords: spotlights surmodics inc

Ticker(s): SRDX