Avatar Holdings Has Returned 61.0% Since SmarTrend Recommendation (AVTR)
SmarTrend identified an Uptrend for Avatar Holdings (NASDAQ:AVTR) on January 3rd, 2012 at $7.48. In approximately 12 months, Avatar Holdings has returned 60.96% as of today's recent price of $12.04.
Over the past year, Avatar Holdings has traded in a range of $7.03 to $12.15 and is now at $12.04, 71% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.
Avatar Holdings Inc. is involved in real estate operations. The Company owns and develops land, primarily in FL and AZ. Avatar currently develops, sells, and manages adult communities and residential communities. The Company develops, leases, and manages improved commercial and industrial properties. Avatar operates resorts and cable television stations and provides management services.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Avatar Holdings shares.
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