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

By Nick Russo

Servicemaster Gl (NYSE:SERV) traded at a new 52-week high today of $46.40. Approximately 122,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.

Servicemaster Gl (NYSE:SERV) defies analysts with a current price ($46.36) 6.0% above its average consensus price target of $43.57. Servicemaster Gl shares have support at the 50-day moving average (MA) of $37.54 and additional support at the 200-day MA of $36.82.

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.

Over the past year, Servicemaster Gl has traded in a range of $32.41 to $46.40 and is now at $46.36, 43% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.

SmarTrend recommended that subscribers consider buying shares of Servicemaster Gl on June 2nd, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $38.89. Since that recommendation, shares of Servicemaster Gl have risen 18.5%. 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