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Central Securities Shares Up 25.8% Since SmarTrend's Buy Recommendation (CET)

By Nick Russo

SmarTrend identified an Uptrend for Central Securities (AMEX:CET) on March 11th, 2016 at $18.79. In approximately 12 months, Central Securities has returned 25.76% as of today's recent price of $23.63.

In the past 52 weeks, shares of Central Securities have traded between a low of $16.32 and a high of $23.79 and are now at $23.63, which is 45% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.7%.

Central Securities Corporation is a non-diversified, closed-end management investment company incorporated in the USA. The Fund's objective is growth of capital with current income as a secondary consideration. The Fund invests primarily in common stocks, with some emphasis on special situations.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Central Securities shares.

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

Keywords: spotlights amex:cet central securities

Ticker(s): CET