• Return to Headlines

22.1% Return Seen to Date on SmarTrend Meritor Inc Call (MTOR)

By Amy Schwartz

SmarTrend identified an Uptrend for Meritor Inc (NYSE:MTOR) on October 16th, 2019 at $19.31. In approximately 2 months, Meritor Inc has returned 22.06% as of today's recent price of $23.57.

Over the past year, Meritor Inc has traded in a range of $15.03 to $25.90 and is now at $23.57, 57% above that low. The 200-day and 50-day moving averages have moved 0.28% higher and 1.45% higher over the past week, respectively.

Meritor, Inc. manufactures automobile components for military suppliers, trucks, trailers, and specialty vehicles. The Company also offers related replacement parts in the transportation and industrial sectors. Meritor offers products including axles, drivelines, braking systems, and suspension systems.

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

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

Keywords: spotlights meritor inc

Ticker(s): MTOR