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Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago Genomic Health Is Up 22.6% (GHDX)
[May 20, 2013]

Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago Genomic Health Is Up 22.6% (GHDX)


May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- 18 days ago, on May 2nd, 2013, Genomic Health (NASDAQ:GHDX) reported its earnings. Analysts, on average, expected earnings of $0.07 per share on sales of $62.9 million. The company actually reported a loss of $0.03 per share on sales of $63.1 million, missing EPS estimates by $0.10 and matching revenue estimates. Since the company's report, shares of Genomic Health have risen from $30.39 to $37.25, representing a gain of 22.6% in the past 18 days.

Genomic Health share prices have moved between a 52-week high of $37.44 and a 52-week low of $19.00 and are now trading 96% above that low price at $37.25 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.5% while the 200-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Genomic Health. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Genomic Health in search of a potential trend change.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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