Trupanion, Inc. (TRUP) Draws Bullish Attention After Forming Double Top Pattern

March 19, 2018 - By Louis Casey

The chart of Trupanion, Inc. (TRUP) shows a double top with $33.57 target or 7.00 % above today’s $31.37 share price. The 5 months chart pattern indicates low risk for the $945.13 million company. It was reported on Mar, 19 by If the $33.57 price target is reached, the company will be worth $66.16M more. Double tops are rare but powerful chart patterns.

The stock decreased 8.06% or $2.75 during the last trading session, reaching $31.37. About 717,323 shares traded or 117.88% up from the average. Trupanion, Inc. (NASDAQ:TRUP) has risen 8.99% since March 19, 2017 and is uptrending. It has underperformed by 7.71% the S&P500.

Analysts await Trupanion, Inc. (NASDAQ:TRUP) to report earnings on May, 1. They expect $-0.04 EPS, up 20.00 % or $0.01 from last year’s $-0.05 per share. After $-0.05 actual EPS reported by Trupanion, Inc. for the previous quarter, Wall Street now forecasts -20.00 % EPS growth.

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