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37.6% Return Seen to Date on SmarTrend Argan Inc Call (AGX)

By Nick Russo

SmarTrend identified a Downtrend for Argan Inc (NYSE:AGX) on November 15th, 2017 at $61.65. In approximately 5 months, Argan Inc has returned 37.63% as of today's recent price of $38.45.

In the past 52 weeks, Argan Inc share prices have been bracketed by a low of $36.30 and a high of $76.70 and are now at $38.45, 6% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.8%.

Argan, Inc., through its subsidiary, designs and builds energy plants. The Company's energy plants include traditional gas as well as alternative energy including biodiesel, ethanol, and renewable energy sources such as wind power and solar.

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

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

Keywords: spotlights argan inc

Ticker(s): AGX