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Catchmark Timb-A Up 25.2% Since SmarTrend Uptrend Call (CTT)

By Nick Russo

SmarTrend identified an Uptrend for Catchmark Timb-A (NYSE:CTT) on January 7th, 2019 at $7.81. In approximately 2 months, Catchmark Timb-A has returned 25.18% as of today's recent price of $9.77.

Over the past year, Catchmark Timb-A has traded in a range of $6.71 to $13.73 and is now at $9.77, 46% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 2.5%.

CatchMark Timber Trust Inc is a real estate investment trust. The REIT is engaged exclusively in timberland ownership and management, without ownership of any forest products and other manufacturing operations.

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

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

Keywords: spotlights catchmark timb-a

Ticker(s): CTT