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Acuity Brands Has Returned 33.2% Since SmarTrend Recommendation (AYI)

By David Diaz

SmarTrend identified an Uptrend for Acuity Brands (NYSE:AYI) on February 17th, 2016 at $191.54. In approximately 4 months, Acuity Brands has returned 33.21% as of today's recent price of $255.14.

Over the past year, Acuity Brands has traded in a range of $168.08 to $264.00 and is now at $255.04, 52% above that low. The 200-day and 50-day moving averages have moved 0.47% higher and 1.67% higher over the past week, respectively.

Acuity Brands, Inc. manufactures and sells lighting equipment and chemicals. The Company provides indoor and outdoor lighting equipment for commercial, industrial, outdoor, and residential applications. Acuity also provides a range of chemical products, including industrial and institutional maintenance and sanitation products, pest control products, and lawn and garden products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Acuity Brands shares.

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

Keywords: spotlights acuity brands

Ticker(s): AYI