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Brown & Brown Shares Down 46.0% Since SmarTrend's Sell Call (BRO)

By Shiri Gupta

SmarTrend identified a Downtrend for Brown & Brown (NYSE:BRO) on March 23rd, 2018 at $50.58. In approximately 2 months, Brown & Brown has returned 46.02% as of today's recent price of $27.30.

In the past 52 weeks, Brown & Brown share prices have been bracketed by a low of $24.34 and a high of $53.82 and are now at $27.30, 12% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

Brown & Brown, Inc. and its subsidiaries provide a range of insurance and reinsurance products and services. The Company also provides risk management, employee benefit administration, and managed health care services. Brown & Brown operates offices across the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Brown & Brown.

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

Keywords: spotlights brown & brown

Ticker(s): BRO