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Shares of PLT Up 21.6% Since Uptrend Call on Shares
Mar 13, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Plantronics (NYSE:PLT) on October 10th, 2011 at $31.36. In approximately 5 months, Plantronics has returned 21.56% as of today's recent price of $38.12.
In the past 52 weeks, Plantronics share prices have been bracketed by a low of $27.12 and a high of $39.52 and are now at $38.12, 41% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has remained constant.
Plantronics, Inc. designs, manufactures, and markets lightweight communications headsets and headset accessories and services. The Company also manufactures and markets specialty telephone products, such as amplified telephone headsets and specialty telephones for hearing-impaired users, and noise-cancelling headsets for use in high-noise environments.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Plantronics shares.Log in and add Plantronics (PLT) 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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