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Citrix Systems Shares Up 19.9% Since SmarTrend's Buy Recommendation (CTXS)
Mar 12, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Citrix Systems (NASDAQ:CTXS) on November 23rd, 2012 at $61.59. In approximately 4 months, Citrix Systems has returned 19.89% as of today's recent price of $73.84.
In the past 52 weeks, shares of Citrix Systems have traded between a low of $56.57 and a high of $87.99 and are now at $73.84, which is 31% above that low price. The 200-day and 50-day moving averages have moved 0.03% lower and 0.75% higher over the past week, respectively.
Citrix Systems, Inc. designs, develops, and markets technology solutions that allow applications to be delivered, supported, and shared on-demand. The Company develops and markets comprehensive solutions across all dimensions of application, server and desktop virtualization as well as application and network optimization.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Citrix Systems shares.Log in and add Citrix Systems (CTXS) 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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