TMCnet News
Cantel Medical Shares Up 13.9% Since SmarTrend's Buy Recommendation (CMN)Jan 11, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Cantel Medical (NYSE:CMN) on December 4th, 2012 at $27.71. In approximately 1 month, Cantel Medical has returned 13.89% as of today's recent price of $31.56. In the past 52 weeks, shares of Cantel Medical have traded between a low of $18.71 and a high of $31.87 and are now at $31.74, which is 70% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.7%. Cantel Medical Corp. is a healthcare company that provides infection prevention and control products and diagnostic and therapeutic medical equipment. The Company offers products such as flexible and rigid endoscopes, microscopes, image analysis hardware and software, remote visual inspection devices, and photographic equipment. Cantel also provides technical maintenance services. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cantel Medical shares.Log in and add Cantel Medical (CMN) 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 |