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Ferro Corp Shares Down 9.9% Since SmarTrend's Sell Call (FOE)

By James Quinn

SmarTrend identified a Downtrend for Ferro Corp (NYSE:FOE) on April 25th, 2019 at $17.32. In approximately 3 weeks, Ferro Corp has returned 9.87% as of today's recent price of $15.61.

In the past 52 weeks, Ferro Corp share prices have been bracketed by a low of $14.59 and a high of $23.88 and are now at $15.61, 7% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has slid 0.5%.

Ferro Corporation produces performance materials for industry by utilizing organic and inorganic chemistry. The Company produces a variety of coatings, colors, ceramics, chemicals, plastics, and related products. The Company's primary markets are building and renovation, major appliances, household furnishings, transportation, industrial products, and leisure products.

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

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

Keywords: spotlights ferro corp

Ticker(s): FOE