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Aar Corp Shares Down 8.3% Since SmarTrend's Sell Call (AIR)

By Shiri Gupta

SmarTrend identified a Downtrend for Aar Corp (NYSE:AIR) on March 5th, 2019 at $35.10. In approximately 2 months, Aar Corp has returned 8.31% as of today's recent price of $32.18.

Aar Corp share prices have moved between a 52-week high of $51.52 and a 52-week low of $31.51 and are now trading 2% above that low price at $32.18 per share. The 200-day and 50-day moving averages have moved 0.73% lower and 0.71% lower over the past week, respectively.

AAR Corp. supplies aftermarket products and services to the global aviation and aerospace industry. The Company purchases, sells, and leases new and used commercial jet aircraft, as well as leases a variety of new, overhauled, and repaired engines and engine products for the aviation aftermarket. AAR operates worldwide.

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

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

Keywords: spotlights aar corp

Ticker(s): AIR