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Downtrend Call Working As Innerworkings In Stock Falls 15.2% (INWK)

By Amy Schwartz

SmarTrend identified a Downtrend for Innerworkings In (NASDAQ:INWK) on November 2nd, 2017 at $10.75. In approximately 4 months, Innerworkings In has returned 15.22% as of today's recent price of $9.11.

Over the past year, Innerworkings In has traded in a range of $7.59 to $12.03 and is now at $9.11, 20% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.1%.

InnerWorkings, Inc. provides print procurement solutions to corporate clients in the United States. The Company, utilizes its proprietary software applications and database to create solutions that store, analyze, and track the production capabilities of its supplier networks, as well as quote and price data for bids and print jobs.

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

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

Keywords: spotlights innerworkings in

Ticker(s): INWK