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Kenexa Earnings In Retrospect: Up 14.0% in the Last 13 Days (KNXA)Nov 14, 2011 (SmarTrend(R) News Watch via COMTEX) -- When Kenexa (NASDAQ:KNXA) reported earnings 13 days ago on November 1st, 2011, analysts, on average, expected the company to report earnings of $0.20 on sales of $73.4 million. Kenexa actually reported earnings of $0.23 per share on sales of $75.7 million, beating EPS estimates by $0.03 and beating revenue estimates by $2.3 million. Shares of Kenexa have climbed from $22.34 to $25.46, representing a gain of 14.0% since the company reported earnings 13 days ago. Over the past year, Kenexa has traded in a range of $13.96 to $33.19 and is now at $25.46, 82% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 2.4%. SmarTrend recommended that subscribers consider buying shares of Kenexa on October 11th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $18.66. Since that recommendation, shares of Kenexa have risen 36.4%. We continue to monitor KNXA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 |
