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Catchmark Timb-A Up 29.7% Since SmarTrend Uptrend Call (CTT)

By James Quinn

SmarTrend identified an Uptrend for Catchmark Timb-A (NYSE:CTT) on January 7th, 2019 at $7.81. In approximately 4 months, Catchmark Timb-A has returned 29.66% as of today's recent price of $10.12.

Catchmark Timb-A share prices have moved between a 52-week high of $13.21 and a 52-week low of $6.71 and are now trading 51% above that low price at $10.12 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.4%.

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