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Boston Beer-A Has Returned 36.7% Since SmarTrend Recommendation (SAM)

By Nick Russo

SmarTrend identified an Uptrend for Boston Beer-A (NYSE:SAM) on March 8th, 2018 at $174.82. In approximately 2 months, Boston Beer-A has returned 36.66% as of today's recent price of $238.90.

Boston Beer-A share prices have moved between a 52-week high of $240.00 and a 52-week low of $128.70 and are now trading 86% above that low price at $238.90 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.5% while the 200-day MA has slid 0.7%.

The Boston Beer Company, Inc. produces a variety of craft-brewed beers and cider products at various contract breweries and Company-owned breweries. The Company sells its products under brand names such as Boston Beer Company, Oregon Beer and Brewing Company, Samuel Adams, and HardCore. Boston Beer sells its products to a network of wholesale distributors.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Boston Beer-A shares.

Log in and add Boston Beer-A (SAM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights boston beer-a

Ticker(s): SAM