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TMCNet:  PharMerica Shares Up 31.6% Since SmarTrend's Buy Recommendation (PMC)

[December 04, 2012]

PharMerica Shares Up 31.6% Since SmarTrend's Buy Recommendation (PMC)

Dec 04, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for PharMerica (NYSE:PMC) on June 27th, 2012 at $10.73. In approximately 5 months, PharMerica has returned 31.59% as of today's recent price of $14.12.


PharMerica share prices have moved between a 52-week high of $15.75 and a 52-week low of $9.03 and are now trading 56% above that low price at $14.12 per share. The 200-day and 50-day moving averages have moved 0.17% higher and 0.16% higher over the past week, respectively.

PharMerica Corporation is a pharmaceutical services firm. The Company provides services to patients in hospitals and long term care settings.

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

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