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Checkpoint Systems Shares Up 22.7% Since SmarTrend's Buy Recommendation (CKP)

TMCNet:  Checkpoint Systems Shares Up 22.7% Since SmarTrend's Buy Recommendation (CKP)

[December 21, 2012]

Checkpoint Systems Shares Up 22.7% Since SmarTrend's Buy Recommendation (CKP)

Dec 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Checkpoint Systems (NYSE:CKP) on September 7th, 2012 at $8.59. In approximately 4 months, Checkpoint Systems has returned 22.75% as of today's recent price of $10.55.

In the past 52 weeks, shares of Checkpoint Systems have traded between a low of $6.69 and a high of $12.64 and are now at $10.55, which is 58% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.3%.

Checkpoint Systems, Inc. manufactures and markets labeling systems and label solutions for a diverse customer base across many industries. The Company provides RF source tagging, barcode labeling systems, electronic article surveillance, handheld labeling systems, and retail merchandising systems for several applications within the automatic identification industry.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Checkpoint Systems shares.Log in and add Checkpoint Systems (CKP) 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 --------------------------------------------------------------------------------------------- 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

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