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Downtrend Call Working As Andersons Inc Stock Falls 25.9% (ANDE)

By James Quinn

SmarTrend identified a Downtrend for Andersons Inc (NASDAQ:ANDE) on March 25th, 2019 at $32.67. In approximately 5 months, Andersons Inc has returned 25.90% as of today's recent price of $24.21.

In the past 52 weeks, Andersons Inc share prices have been bracketed by a low of $23.88 and a high of $41.60 and are now at $24.21, 1% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.6%.

The Andersons, Inc. merchandises grain, operates grain elevator facilities, distributes wholesale agricultural fertilizer, and distributes agricultural inputs to dealers and farmers. The Company also manufactures lawn fertilizer and corncob-based products, and purchases, sells, repairs, and leases railcars. In addition, The Andersons operates retail stores and a distribution center.

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

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

Keywords: spotlights andersons inc

Ticker(s): ANDE