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Proto Labs Inc Up 30.7% Since SmarTrend Uptrend Call (PRLB)

By David Diaz

SmarTrend identified an Uptrend for Proto Labs Inc (NYSE:PRLB) on March 25th, 2020 at $74.26. In approximately 2 months, Proto Labs Inc has returned 30.72% as of today's recent price of $97.07.

In the past 52 weeks, shares of Proto Labs Inc have traded between a low of $63.19 and a high of $119.80 and are now at $97.07, which is 54% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.1%.

Proto Labs, Inc. is low volume manufacturer of custom parts for prototyping and short-run production. The Company utilizes computer numerical control, machining and injection molding to manufacture custom parts for their customers. Proto Labs targets their services to product developers who use three-dimensional computer-aided design to develop products across a diverse range of end-markets.

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

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

Keywords: spotlights proto labs inc

Ticker(s): PRLB