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Downtrend Call Working As Mistras Group In Stock Falls 25.6% (MG)

By James Quinn

SmarTrend identified a Downtrend for Mistras Group In (NYSE:MG) on November 15th, 2019 at $13.53. In approximately 3 months, Mistras Group In has returned 25.65% as of today's recent price of $10.06.

In the past 52 weeks, Mistras Group In share prices have been bracketed by a low of $9.19 and a high of $16.95 and are now at $10.06, 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.6% while the 200-day MA has slid 0.4%.

Mistras Group, Inc. develops asset protection solutions. The Company provides acoustic, ultrasonic, thermography, radiography, and non-destructive testing platforms used to evaluate the structural and mechanical integrity of critical energy, industrial, and public infrastructure. Mistras Group serves customers worldwide.

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

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

Keywords: spotlights mistras group in

Ticker(s): MG