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17.1% Return Seen to Date on SmarTrend Portfolio Recovery Associates Call (PRAA)

By Amy Schwartz

SmarTrend identified an Uptrend for Portfolio Recovery Associates (NASDAQ:PRAA) on July 18th, 2016 at $27.54. In approximately 3 months, Portfolio Recovery Associates has returned 17.12% as of today's recent price of $32.25.

In the past 52 weeks, Portfolio Recovery Associates share prices have been bracketed by a low of $20.00 and a high of $64.82 and are now at $32.15, 61% above that low price. The 200-day and 50-day moving averages have moved 1.51% lower and 1.21% higher over the past week, respectively.

Portfolio Recovery Associates, Inc. provides outsourced receivables management. The Company purchases, collects and manages portfolios of defaulted consumer receivables.

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

Log in and add Portfolio Recovery Associates (PRAA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights portfolio recovery associates

Ticker(s): PRAA