• Return to Headlines

Shares of Servicemaster Gl Rise to a New 52-Week High

By Amy Schwartz

Servicemaster Gl (NYSE:SERV) traded at a new 52-week high today of $61.54. Approximately 165,000 shares have changed hands today, as compared to an average 30-day volume of 610,000 shares.

ServiceMaster Global Holdings Inc. provides outsourcing services for residential and commercial customers. The Company offers lawn care and landscape maintenance, termite and pest control, home warranties, disaster response and reconstruction, cleaning and disaster restoration, house cleaning, furniture repair, and home inspection services.

In the past 52 weeks, shares of Servicemaster Gl have traded between a low of $38.88 and a high of $61.54 and are now at $61.25, which is 58% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 0.4%.

Servicemaster Gl (NYSE:SERV) is currently priced 2.0% above its average consensus analyst price target of $60.00. The stock should find initial support at its 50-day moving average (MA) of $58.06 and further support at its 200-day MA of $52.07.

SmarTrend recommended that subscribers consider buying shares of Servicemaster Gl on May 2nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $53.31. Since that recommendation, shares of Servicemaster Gl have risen 14.7%. We continue to monitor SERV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows servicemaster gl

Ticker(s): SERV