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18.0% Return Seen to Date on SmarTrend Regional Managem Call (RM)

By Amy Schwartz

SmarTrend identified an Uptrend for Regional Managem (NYSE:RM) on August 8th, 2019 at $27.34. In approximately 4 months, Regional Managem has returned 17.98% as of today's recent price of $32.25.

Regional Managem share prices have moved between a 52-week high of $34.85 and a 52-week low of $22.90 and are now trading 42% above that low price at $32.58 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.

Regional Management Corp. offers consumer finance services. The Company extends credit primarily to people who have limited access to consumer credit from banks, savings and loans, credit card companies, and other traditional lenders. The loans are on a fixed rate, fixed term basis with fully amortizing equal monthly installment payments and repayable at any time without penalty.

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

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

Keywords: spotlights regional managem

Ticker(s): RM