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Altra Industrial Up 18.3% Since SmarTrend Uptrend Call (AIMC)

By James Quinn

SmarTrend identified an Uptrend for Altra Industrial (NASDAQ:AIMC) on January 7th, 2019 at $26.76. In approximately 2 months, Altra Industrial has returned 18.33% as of today's recent price of $31.66.

In the past 52 weeks, shares of Altra Industrial have traded between a low of $23.52 and a high of $48.25 and are now at $31.66, which is 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has slid 0.6%.

Altra Industrial Motion Corp. designs, produces, and markets a wide range of mechanical power transmission and motion control products. The Company's product portfolio includes industrial clutches and brakes, enclosed gear drives, open gearing, couplings, engineered bearing assemblies, linear components, and other related products.

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

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

Keywords: spotlights altra industrial

Ticker(s): AIMC