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Uptrend Call Working As Consolidated Graphics Stock Rises 29.2% (CGX)
Feb 28, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Consolidated Graphics (NYSE:CGX) on October 16th, 2012 at $29.87. In approximately 5 months, Consolidated Graphics has returned 29.25% as of today's recent price of $38.60.
In the past 52 weeks, Consolidated Graphics share prices have been bracketed by a low of $21.76 and a high of $48.60 and are now at $38.60, 77% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.
Consolidated Graphics, Inc. provides printing services in the United States. The Company's printing businesses provide traditional printing services, complemented at certain locations by electronic communication and fulfillment services. Consolidated serves corporations, mutual fund companies, advertising agencies, graphic design firms, catalog retailers, and direct mail distributors.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Consolidated Graphics shares.Log in and add Consolidated Graphics (CGX) 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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