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Wageworks Shares Up 41.6% Since SmarTrend's Buy Recommendation (WAGE)

By Shiri Gupta

SmarTrend identified an Uptrend for Wageworks (NYSE:WAGE) on March 14th, 2019 at $36.25. In approximately 14 months, Wageworks has returned 41.63% as of today's recent price of $51.34.

Wageworks share prices have moved between a 52-week high of $53.61 and a 52-week low of $47.74 and are now trading 8% above that low price at $51.34 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

WageWorks, Inc. provides tax-advantaged programs for consumer-directed health, commuter, and other employee spending account benefits, or CDBs, in the United States. The Company operates spending account management programs such as health and dependent care Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs, and transit programs.

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

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

Keywords: spotlights wageworks

Ticker(s): WAGE