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8.2% Return Seen to Date on SmarTrend Grubhub Inc Call (GRUB)

By Amy Schwartz

SmarTrend identified a Downtrend for Grubhub Inc (NYSE:GRUB) on March 20th, 2019 at $69.32. In approximately 2 months, Grubhub Inc has returned 8.23% as of today's recent price of $63.61.

In the past 52 weeks, Grubhub Inc share prices have been bracketed by a low of $61.28 and a high of $149.35 and are now at $63.38, 3% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 1.5%.

GrubHub, Inc. operates an online and mobile platform for restaurant pick-up and delivery orders. The Company's platform assists diners in searching for local restaurant, tracking the order, and re-order for convenience. The Company operates within the United States and the United Kingdom.

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

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

Keywords: spotlights grubhub inc

Ticker(s): GRUB