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Shares of ENSG Up 15.1% Since Uptrend Call on Shares
Mar 04, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Ensign Group Inc/The (NASDAQ:ENSG) on December 18th, 2012 at $27.24. In approximately 3 months, Ensign Group Inc/The has returned 15.12% as of today's recent price of $31.36.
In the past 52 weeks, Ensign Group Inc/The share prices have been bracketed by a low of $19.61 and a high of $34.85 and are now at $31.36, 60% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has risen 0.6%.
Ensign Group, Inc. operates facilities offering nursing and rehabilitative care services in multiple states. The Company provides a broad spectrum of nursing and assisted living services, physical, occupational and speech therapies, and other rehabilitative and healthcare services, for both long-term residents and short-stay rehabilitation patients.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ensign Group Inc/The shares.Log in and add Ensign Group Inc/The (ENSG) 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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