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Fortress Investment Has Returned 41.9% Since SmarTrend Recommendation (FIG)

By Nick Russo

SmarTrend identified an Uptrend for Fortress Investment (NYSE:FIG) on February 1st, 2017 at $5.65. In approximately 5 months, Fortress Investment has returned 41.90% as of today's recent price of $8.01.

In the past 52 weeks, Fortress Investment share prices have been bracketed by a low of $3.87 and a high of $8.55 and are now at $8.01, 107% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1% while the 50-day MA has advanced 1.0%.

Fortress Investment Group LLC is an alternative asset manager. The Company raises, invests and manages private equity funds, hedge funds and publically traded alternative investment vehicles.

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

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

Keywords: spotlights Fortress Investment

Ticker(s): FIG