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Shares of BNFT Up 27.3% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Benefitfocus Inc (NASDAQ:BNFT) on April 6th, 2020 at $8.80. In approximately 1 month, Benefitfocus Inc has returned 27.27% as of today's recent price of $11.20.

In the past 52 weeks, Benefitfocus Inc share prices have been bracketed by a low of $6.09 and a high of $34.78 and are now at $11.20, 84% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 3% while the 200-day MA has slid 1.1%.

Benefitfocus, Inc. is a provider of cloud-based benefits software solutions for consumers, employers, insurance carriers, and brokers. The Company's platform provides an integrated suite of solutions that enables customers to more efficiently shop, enroll, manage, and exchange benefits information.

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

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

Keywords: spotlights benefitfocus inc

Ticker(s): BNFT