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Core Molding Technologies Shares Up 21.4% Since SmarTrend's Buy Recommendation (CMT)

By Shiri Gupta

SmarTrend identified an Uptrend for Core Molding Technologies (AMEX:CMT) on March 28th, 2017 at $17.01. In approximately 3 months, Core Molding Technologies has returned 21.36% as of today's recent price of $20.65.

In the past 52 weeks, Core Molding Technologies share prices have been bracketed by a low of $9.23 and a high of $28.95 and are now at $20.65, 124% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has advanced 0.2%.

Core Molding Technologies, Inc. is a compounder of sheet molding composites (SMC's) and molder of fiberglass reinforced plastics. The Company's processing capabilities include the compression molding of SMC's, vacuum assisted resin infusion molding, and spray up and lay up processes. Core Molding produces fiberglass reinforced, molded products and SMC materials for varied markets.

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

Log in and add Core Molding Technologies (CMT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights amex:cmt core molding technologies

Ticker(s): CMT