Insurance Technology Industry News

TMCNet:  National Interstate Shares Up 34.2% Since SmarTrend's Buy Recommendation (NATL)

[February 27, 2013]

National Interstate Shares Up 34.2% Since SmarTrend's Buy Recommendation (NATL)

Feb 27, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for National Interstate (NASDAQ:NATL) on August 29th, 2012 at $25.30. In approximately 6 months, National Interstate has returned 34.19% as of today's recent price of $33.95.

In the past 52 weeks, shares of National Interstate have traded between a low of $21.86 and a high of $34.81 and are now at $34.26, which is 57% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.3%.

National Interstate Corporation is a specialty property and casualty insurance company with a focus on the transportation industry. The Company offers its products through multiple distribution channels including independent agents and brokers, affiliated agencies, and via the Internet.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of National Interstate shares.Log in and add National Interstate (NATL) 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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