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10.0% Return Seen to Date on SmarTrend Ptc Inc Call (PTC)

By David Diaz

SmarTrend identified a Downtrend for Ptc Inc (NASDAQ:PTC) on July 25th, 2019 at $75.31. In approximately 2 months, Ptc Inc has returned 9.96% as of today's recent price of $67.81.

In the past 52 weeks, shares of Ptc Inc have traded between a low of $62.05 and a high of $107.44 and are now at $67.81, which is 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.6% while the 200-day MA has slid 0.5%.

PTC Inc. operates as software and services company in Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx, an industrial innovation platform to develop and deploy industrial Internet of Things applications; and KEPServerEX solution to provide communications connectivity for industrial automation environments to connect, manage, monitor, and control disparate devices and software applications.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ptc Inc.

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

Keywords: spotlights ptc inc

Ticker(s): PTC