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American Capital Shares Up 28.4% Since SmarTrend's Buy Recommendation (ACAS)

By Nick Russo

SmarTrend identified an Uptrend for American Capital (NASDAQ:ACAS) on March 3rd, 2016 at $14.01. In approximately 13 months, American Capital has returned 28.36% as of today's recent price of $17.99.

In the past 52 weeks, American Capital share prices have been bracketed by a low of $11.92 and a high of $18.05 and are now at $17.99, 51% above that low price. The 200-day and 50-day moving averages have moved 0.32% higher and 1.39% higher over the past week, respectively.

American Capital Ltd. is an alternative asset manager. The Company, directly and through its global asset management business, invests in employee and management buyouts, private equity buyouts, and early stage and mature private and public companies. American Capital provides debt and equity to fund growth, acquisitions, recapitalizations, and securitizations.

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

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

Keywords: spotlights american capital

Ticker(s): ACAS