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Eastgroup Prop Up 5.1% Since SmarTrend Uptrend Call (EGP)

By Shiri Gupta

SmarTrend identified an Uptrend for Eastgroup Prop (NYSE:EGP) on January 17th, 2020 at $134.97. In approximately 4 weeks, Eastgroup Prop has returned 5.14% as of today's recent price of $141.90.

Eastgroup Prop share prices have moved between a 52-week high of $142.69 and the current low of $0.00 and are currently at $0.00 per share. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.4%.

EastGroup Properties, Inc. is an equity real estate investment trust. The Trust acquires and develops industrial properties in major sunbelt markets throughout the United States with a special emphasis in the states of California, Florida, Texas, and Arizona.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Eastgroup Prop shares.

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

Keywords: spotlights eastgroup prop

Ticker(s): EGP