Today's Chart of the Day is CalAmp (CAMP) and was found by sorting Barchart's New High list for frequency. The stock hit 18 new highs and was up 28.93% in the last month. It is a leading provider of wireless communications products that enable anytime/anywhere access to critical information, data and entertainment content.
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Today's Chart of the Day is CalAmp (CAMP) and was found by sorting Barchart's New High list for frequency. The stock hit 18 new highs and is up 28.93% in the last month and has both a 100% Barchart technical buy signal and a Trend spotter buy signal since 1/4 .
CalAmp Corp. is a leading provider of wireless communications products that enable anytime/anywhere access to critical information, data and entertainment content. With comprehensive capabilities ranging from product design and development through volume production, CalAmp delivers cost-effective high quality solutions to a broad array of customers and end markets.
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 18 new highs and up 28.93% in the last month
- Relative Strength Index 73.37%
- Barchart computes a technical support level at 9.68
- Recently traded at 10.83 with a 50 day moving average of 8.73
Fundamental factors:
- Market Cap - $320.89 million
- P/E - 19.84
- Analysts issued 3 strong buy recommendations
- Revenue projected to increase by 28.60% this year and 23.40% next year
- Earnings estimated to increase by 277.80% this year, an additional 10.30% next year and increase annually by 20.00% a year for the next 5 years
- Financial strength: B
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