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Granite Constr Shares Down 36.2% Since SmarTrend's Sell Call (GVA)

By Nick Russo

SmarTrend identified a Downtrend for Granite Constr (NYSE:GVA) on July 11th, 2019 at $42.49. In approximately 1 month, Granite Constr has returned 36.24% as of today's recent price of $27.09.

Over the past year, Granite Constrhas traded in a range of $26.74 to $58.93 and are now at $27.10. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1.8%.

Granite Construction Incorporated is a heavy civil construction and transportation contractor serving both public and private sector clients. The Company concentrates on infrastructure projects, including the construction of roads, bridges, dams, tunnels, mass transit facilities, and airports. Granite also performs site preparation services for the private sector.

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

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

Keywords: spotlights granite constr

Ticker(s): GVA