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Acme Packet Up 54.1% Since SmarTrend Uptrend Call (APKT)
Feb 26, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Acme Packet (NASDAQ:APKT) on November 14th, 2012 at $18.93. In approximately 3 months, Acme Packet has returned 54.15% as of today's recent price of $29.18.
In the past 52 weeks, shares of Acme Packet have traded between a low of $13.26 and a high of $34.64 and are now at $29.18, which is 120% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.1% while the 200-day MA has risen 0.2%.
Acme Packet, Inc. provides session border controllers for Internet service providers. The Company's products consist of hardware and proprietary software that allow service providers to deliver interactive communications services such as voice over Internet protocol.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Acme Packet shares.Log in and add Acme Packet (APKT) 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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