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Iridiummmunications Has Returned 39.1% Since SmarTrend Recommendation (IRDM)
Mar 21, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Iridiummmunications (NASDAQ:IRDM) on October 27th, 2011 at $6.59. In approximately 5 months, Iridiummmunications has returned 39.14% as of today's recent price of $9.17.
In the past 52 weeks, shares of Iridiummmunications have traded between a low of $5.50 and a high of $9.68 and are now at $9.17, which is 67% above that low price. The 200-day and 50-day moving averages have moved 0.15% higher and 1.57% higher over the past week, respectively.
Iridium Communications, Inc. offers mobile satellite communications services.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Iridiummmunications shares.Log in and add Iridiummmunications (IRDM) 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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