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Encore Capital G Has Returned 19.8% Since SmarTrend Recommendation (ECPG)

By David Diaz

SmarTrend identified a Downtrend for Encore Capital G (NASDAQ:ECPG) on September 7th, 2018 at $38.10. In approximately 1 month, Encore Capital G has returned 19.82% as of today's recent price of $30.55.

Over the past year, Encore Capital G has traded in a range of $17.66 to $52.00 and is now at $30.55, 73% above that low. The 200-day and 50-day moving averages have moved 0.56% lower and 0.97% lower over the past week, respectively.

Encore Capital Group, Inc. is involved in consumer debt buying and recovery. The Company purchases portfolios of defaulted consumer receivables from banks, credit unions, and utility providers and partners with individuals as they repay their obligations and work toward financial recovery.

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

Log in and add Encore Capital G (ECPG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights encore capital g

Ticker(s): ECPG