TMCnet News

Shares of NNI Up 23.3% Since Uptrend Call on Shares
[December 28, 2012]

Shares of NNI Up 23.3% Since Uptrend Call on Shares


Dec 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Nelnet (NYSE:NNI) on July 2nd, 2012 at $23.57. In approximately 6 months, Nelnet has returned 23.32% as of today's recent price of $29.06.

In the past 52 weeks, shares of Nelnet have traded between a low of $21.49 and a high of $29.98 and are now at $29.30, which is 36% above that low price. The 200-day and 50-day moving averages have moved 0.18% higher and 1.18% higher over the past week, respectively.



Nelnet, Inc. is a consumer finance company that provides products and services to participants in the education finance process. The Company originates, holds, and services education loans and offers a broad range of financial services and technology-based products, including student loan origination and lending, student loan, and guarantee services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Nelnet shares.Log in and add Nelnet (NNI) 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

[ Back To TMCnet.com's Homepage ]