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Transact Technologies Has Returned 24.1% Since SmarTrend Recommendation (TACT)

By Nick Russo

SmarTrend identified an Uptrend for Transact Technologies (NASDAQ:TACT) on January 6th, 2017 at $7.05. In approximately 5 months, Transact Technologies has returned 24.11% as of today's recent price of $8.75.

In the past 52 weeks, shares of Transact Technologies have traded between a low of $5.08 and a high of $10.46 and are now at $8.75, which is 72% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.4%.

TransAct Technologies Incorporated designs, develops, manufactures, and markets transaction-based printers and related products under the ITHACA and MAGNETEC brand names. The Company's printers are used to provide transaction records such as receipts, tickets, coupons, and register journals. TransAct focuses on gaming and lottery, kiosk, and financial services markets.

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

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

Keywords: spotlights transact technologies

Ticker(s): TACT