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14.1% Return Seen to Date on SmarTrend Mcgrath Rentcorp Call (MGRC)

By James Quinn

SmarTrend identified an Uptrend for Mcgrath Rentcorp (NASDAQ:MGRC) on February 25th, 2019 at $53.39. In approximately 3 months, Mcgrath Rentcorp has returned 14.11% as of today's recent price of $60.92.

In the past 52 weeks, Mcgrath Rentcorp share prices have been bracketed by a low of $44.76 and a high of $68.79 and are now at $60.92, 36% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

McGrath RentCorp rents and sells relocatable modular offices, as well as electronic test and measurement instruments. The Company's offices are used as temporary offices adjacent to existing facilities, sales and construction field offices, classrooms, and for a variety of other purposes. McGrath serves customers in the States of California and Texas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Mcgrath Rentcorp shares.

Log in and add Mcgrath Rentcorp (MGRC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights mcgrath rentcorp

Ticker(s): MGRC