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Hanger Orthopedic Shares Up 24.1% Since SmarTrend's Buy Recommendation (HGR)May 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Hanger Orthopedic (NYSE:HGR) on December 16th, 2011 at $17.40. In approximately 5 months, Hanger Orthopedic has returned 24.14% as of today's recent price of $21.60. Over the past year, Hanger Orthopedic has traded in a range of $14.57 to $26.49 and is now at $21.60, 48% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.8%. Hanger Orthopedic Group, Inc. is a professional practice management company focused on the orthotic and prosthetic (O&P) of the orthopedic rehabilitation industry. The Company acquires and operates O&P businesses throughout the United States, as well as manufactures O&P devices. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Hanger Orthopedic shares.Log in and add Hanger Orthopedic (HGR) 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 |
