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Downtrend Call Working As Griffon Corp Stock Falls 39.1% (GFF)

By James Quinn

SmarTrend identified a Downtrend for Griffon Corp (NYSE:GFF) on June 12th, 2018 at $20.84. In approximately 5 months, Griffon Corp has returned 39.11% as of today's recent price of $12.69.

Griffon Corp share prices have moved between a 52-week high of $24.50 and a 52-week low of $12.08 and are now trading 5% above that low price at $12.69 per share. The 200-day and 50-day moving averages have moved 0.86% lower and 2.59% lower over the past week, respectively.

Griffon Corporation manufactures building products, specialty plastic films, and electronic information and communication systems. The Company's products include garage doors, materials for disposable diapers, disposable health care products, sensor systems, and information and command and control systems. Griffon sells its products in the United States.

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

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

Keywords: spotlights griffon corp

Ticker(s): GFF