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29.6% Return Seen to Date on SmarTrend Astec Industries Call (ASTE)

By James Quinn

SmarTrend identified a Downtrend for Astec Industries (NASDAQ:ASTE) on October 22nd, 2018 at $46.86. In approximately 2 month, Astec Industries has returned 29.62% as of today's recent price of $32.98.

In the past 52 weeks, Astec Industries share prices have been bracketed by a current low of $32.03 and a high of $64.80 and are now at $32.98. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 2.4%.

Astec Industries, Inc. designs, engineers, manufactures, markets, and finances equipment and components used primarily in road building and related construction activities. The Company's products are used in each phase of road building, from quarrying and crushing the aggregate to application of the road surface.

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

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

Keywords: spotlights astec industries

Ticker(s): ASTE