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25.9% Return Seen to Date on SmarTrend Furmanite Call (FRM)Jan 26, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Furmanite (NYSE:FRM) on October 7th, 2011 at $6.15. In approximately 4 months, Furmanite has returned 25.85% as of today's recent price of $7.74. In the past 52 weeks, Furmanite share prices have been bracketed by a low of $4.77 and a high of $8.60 and are now at $7.74, 62% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has remained constant. Furmanite Corporation provides worldwide technical services for a broad range of industries. The Company offers leak sealing and hot tapping under pressure, onsite machining, heat treatment, valve testing, repair, and other engineering products and services. Furmanite provides these services primarily to electric power generating plants, petroleum refineries, and other process industries. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Furmanite shares.Log in and add Furmanite (FRM) 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 [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 |
