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45.6% Return Seen to Date on SmarTrend Patrick Inds Inc Call (PATK)

By Nick Russo

SmarTrend identified a Downtrend for Patrick Inds Inc (NASDAQ:PATK) on December 11th, 2017 at $65.42. In approximately 12 months, Patrick Inds Inc has returned 45.58% as of today's recent price of $35.60.

Over the past year, Patrick Inds Inchas traded in a range of $35.52 to $154.43 and are now at $35.60. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 2.7%.

Patrick Industries, Inc. manufactures and distributes building products for the manufactured housing, recreational vehicle, furniture manufacturing, marine, automotive aftermarket, and other industries. The Company manufactures vinyl and paper panels, cabinet doors, countertops, aluminum extrusions, drawer sides, pleated shades, wood adhesives, and laminating machines.

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

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

Keywords: spotlights patrick inds inc

Ticker(s): PATK