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Shares of IPAR Up 9.8% Since Uptrend Call on Shares
Dec 10, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Inter Parfums (NASDAQ:IPAR) on November 23rd, 2012 at $18.67. In approximately 2 weeks, Inter Parfums has returned 9.83% as of today's recent price of $20.50.
Inter Parfums share prices have moved between a 52-week high of $24.80 and a 52-week low of $13.75 and are now trading 49% above that low price at $20.50 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.2%.
Inter Parfums, Inc. provides prestige and mass market perfumes and cosmetics on a worldwide basis. The Company owns or licenses various prestige brand names, including Burberry, S.T. Dupont, Paul Smith, Molyneux, Weil, and Christian Lacroix. Inter Parfums mass markets its products under the Jean Philippe brand name.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Inter Parfums shares.Log in and add Inter Parfums (IPAR) 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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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
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