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18.5% Return Seen to Date on SmarTrend Gorman-Rupp Co Call (GRC)

By Nick Russo

SmarTrend identified an Uptrend for Gorman-Rupp Co (NYSE:GRC) on September 10th, 2019 at $31.08. In approximately 3 months, Gorman-Rupp Co has returned 18.49% as of today's recent price of $36.82.

In the past 52 weeks, Gorman-Rupp Co share prices have been bracketed by a low of $29.00 and a high of $38.00 and are now at $37.00, 28% 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 advanced 0.4%.

The Gorman-Rupp Company designs, manufactures, and sells pumps and related fluid control equipment. The Company's products are used in construction, industrial, petroleum, water, wastewater, original equipment, agricultural, fire protection, and military applications. Gorman-Rupp operates around the world.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Gorman-Rupp Co shares.

Log in and add Gorman-Rupp Co (GRC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights gorman-rupp co

Ticker(s): GRC