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Great Lakes Dred Shares Up 33.1% Since SmarTrend's Buy Recommendation (GLDD)

By Shiri Gupta

SmarTrend identified an Uptrend for Great Lakes Dred (NASDAQ:GLDD) on January 8th, 2019 at $7.17. In approximately 4 months, Great Lakes Dred has returned 33.05% as of today's recent price of $9.54.

Great Lakes Dred share prices have moved between a 52-week high of $9.79 and a 52-week low of $4.40 and are now trading 116% above that low price at $9.52 per share. Over the past week, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has advanced 2.0%.

Great Lakes Dredge & Dock Corporation offers marine services. The Company deepens and maintains waterways, shipping channels, ports; creates and maintains beaches; excavates harbors, build docks, terminals, piers; restores aquatic and wetland habitats; excavates pipeline, cable, and tunnel trenches.

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

Log in and add Great Lakes Dred (GLDD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights great lakes dred

Ticker(s): GLDD