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60.5% Return Seen to Date on SmarTrend Parlux Fragrances Call (PARL)Apr 03, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Parlux Fragrances (NASDAQ:PARL) on August 12th, 2011 at $3.47. In approximately 8 months, Parlux Fragrances has returned 60.52% as of today's recent price of $5.57. In the past 52 weeks, shares of Parlux Fragrances have traded between a low of $2.27 and a high of $6.60 and are now at $5.57, which is 145% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.9%. Parlux Fragrances, Inc. is a manufacturer and international distributor of prestige fragrances. The Company holds the licenses to manufacture and distribute the designer fragrance brands of Perry Ellis and Fred Hayman Beverly Hills. Parlux also owns, manufactures, and distributes its own fragrance brand, Animale Parfums. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Parlux Fragrances shares.Log in and add Parlux Fragrances (PARL) 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 [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 |