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29.0% Return Seen to Date on SmarTrend Libbey Inc Call (LBY)

By David Diaz

SmarTrend identified a Downtrend for Libbey Inc (AMEX:LBY) on October 8th, 2018 at $7.96. In approximately 2 months, Libbey Inc has returned 28.98% as of today's recent price of $5.65.

Libbey Inc share prices have moved between a 52-week high of $11.54 and a 52-week low of $4.60 and are now trading 23% above that low price at $5.65 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.7% while the 200-day MA has remained constant.

Libbey Inc. designs, manufactures, and markets glass tableware, which is used by foodservice, industrial, premium, and retail customers around the world. The Company also provides ceramic dinnerware and metal flatware to foodservice users in the United States. In addition, Libbey is the exclusive distributor of Vitrocrisa glass tableware products in the United States and Canada.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Libbey Inc.

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

Keywords: spotlights amex:lby libbey inc

Ticker(s): LBY