Insurance Technology Industry News

TMCNet:  AMERIGROUP Shares Up 41.4% Since SmarTrend's Buy Recommendation (AGP)

[December 21, 2012]

AMERIGROUP Shares Up 41.4% Since SmarTrend's Buy Recommendation (AGP)

Dec 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for AMERIGROUP (NYSE:AGP) on June 28th, 2012 at $64.86. In approximately 6 months, AMERIGROUP has returned 41.38% as of today's recent price of $91.70.

Over the past year, AMERIGROUP has traded in a range of $56.12 to $91.97 and is now at $91.70, 63% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has remained constant.

AMERIGROUP Corporation, a multi-state managed healthcare company, serves people who receive healthcare benefits through state-sponsored programs. Programs include Medicaid, Children's Health Insurance Program, and Family Care. The Company provides managed care and medical management programs, as well as offers community-based education and outreach programs.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of AMERIGROUP shares.Log in and add AMERIGROUP (AGP) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

[ Back To Insurance Technology's Homepage ]