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Downtrend Call Working As Aegean Marine Petroleum Stock Falls 46.7% (ANW)

By Shiri Gupta

SmarTrend identified a Downtrend for Aegean Marine Petroleum (NYSE:ANW) on May 3rd, 2017 at $10.38. In approximately 2 months, Aegean Marine Petroleum has returned 46.75% as of today's recent price of $5.53.

In the past 52 weeks, shares of Aegean Marine Petroleum have traded between a low of $4.60 and a high of $15.25 and are now at $5.53, which is 20% above that low price. The 200-day and 50-day moving averages have moved 1.13% lower and 0.88% higher over the past week, respectively.

Aegean Marine Petroleum Network Inc. supplies and markets refined marine fuel and lubricants to ships in port and at sea. The Company also owns and operates a fleet of bunkering tankers in multiple jurisdictions.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Aegean Marine Petroleum.

Log in and add Aegean Marine Petroleum (ANW) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights aegean marine petroleum

Ticker(s): ANW