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Idexx Laboratories Shares Up 19.7% Since SmarTrend's Buy Recommendation (IDXX)
Feb 10, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Idexx Laboratories (NASDAQ:IDXX) on October 11th, 2011 at $71.55. In approximately 4 months, Idexx Laboratories has returned 19.75% as of today's recent price of $85.68.
In the past 52 weeks, Idexx Laboratories share prices have been bracketed by a low of $63.83 and a high of $87.69 and are now at $85.68, 34% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.6%.
IDEXX Laboratories, Inc. provides diagnostic, detection, and information systems for veterinary, food, and water testing applications. The Company also operates an international network of veterinary reference laboratories. IDEXX offers its products to customers worldwide.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Idexx Laboratories shares.Log in and add Idexx Laboratories (IDXX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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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
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