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Look for Shares of Pra Group Inc to Potentially Pullback after Yesterday's 10.80% Rise

By Amy Schwartz

Pra Group Inc (NASDAQ:PRAA) traded in a range yesterday that spanned from a low of $35.02 to a high of $36.49. Yesterday, the shares gained 10.8%, which took the trading range above the 3-day high of $35.25 on volume of 119,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Pra Group Inc and will alert subscribers who have PRAA in their portfolio or watchlist when shares have changed trend direction.

Pra Group Inc share prices have moved between a 52-week high of $36.49 and a 52-week low of $22.62 and are now trading 61% above that low price at $36.38 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.3%.

Keywords: rebounders pra group inc

Ticker(s): PRAA