What Will Happen to Trupanion, Inc. (TRUP) Next? The Stock Formed a Several Months Bullish Double Top Pattern

March 14, 2018 - By Stephen Andrade

The chart of Trupanion, Inc. (TRUP) shows a double top with $36.80 target or 5.00 % above today’s $35.05 share price. The 9 months chart pattern indicates low risk for the $1.06B company. It was reported on Mar, 14 by Finviz.com. If the $36.80 price target is reached, the company will be worth $52.80 million more. Double tops are rare but powerful chart patterns.

The stock decreased 0.11% or $0.04 during the last trading session, reaching $35.05. About 97,819 shares traded. Trupanion, Inc. (NASDAQ:TRUP) has risen 8.99% since March 14, 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.

More news for Trupanion, Inc. (NASDAQ:TRUP) were recently published by: Globenewswire.com, which released: “Trupanion Reports Fourth Quarter and Full Year 2017 Results” on February 13, 2018. Streetinsider.com‘s article titled: “Form 4 TRUPANION INC. For: Feb 20 Filed by: DOAK MICHAEL” and published on February 22, 2018 is yet another important article.

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