TMCnet News
Upgrade Alert for PetMed Express (PETS)Oct 23, 2012 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- PetMed Express (NASDAQ:PETS) was upgraded from Sell to Hold at Noble Financial today. The stock closed yesterday at $11.15 on volume of 1.1 million shares, above average daily volume of 150,000. PetMed Express (NASDAQ:PETS) is currently priced 14.8% above its average consensus analyst price target of $9.50. The stock should find resistance at its 200-day moving average (MA) of $11.38, as well as support at its 50-day MA of $10.11. PetMed Express share prices have moved between a 52-week high of $14.03 and a 52-week low of $8.91 and closed yesterday at 25% above that low price at $11.15 per share. The 200-day and 50-day moving averages have moved 0% lower and 0.62% higher over the past week, respectively. PetMed Express, Inc. is a pet pharmacy. The Company offers prescription and nonprecription pet medications, as well as health and nutritional supplements. PetMed Express offers its products via telephone, fax, mail, and the Internet to customers throughout the United States. SmarTrend is tracking the current trend status for PetMed Express and will alert subscribers who have PETS in their portfolio or watchlist when shares have changed trend direction. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 |