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Corenergy Infras Has Returned 16.5% Since SmarTrend Recommendation (CORR)

By David Diaz

SmarTrend identified an Uptrend for Corenergy Infras (NYSE:CORR) on June 17th, 2019 at $40.13. In approximately 3 months, Corenergy Infras has returned 16.49% as of today's recent price of $46.74.

Over the past year, Corenergy Infras has traded in a range of $32.52 to $49.75 and is now at $46.74, 44% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.2%.

CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA), is a real estate investment trust (REIT) that owns critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets. We receive long-term contracted revenue from operators of our assets, primarily under triple-net participating leases.

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

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

Keywords: spotlights corenergy infras

Ticker(s): CORR