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Grubhub Inc Shares Up 49.5% Since SmarTrend's Buy Recommendation (GRUB)

By David Diaz

SmarTrend identified an Uptrend for Grubhub Inc (NYSE:GRUB) on January 25th, 2018 at $73.13. In approximately 2 months, Grubhub Inc has returned 49.48% as of today's recent price of $109.31.

In the past 52 weeks, shares of Grubhub Inc have traded between a low of $28.36 and a high of $112.41 and are now at $109.31, which is 285% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has slid 0.6%.

GrubHub, Inc. operates an online and mobile platform for restaurant pick-up and delivery orders. The Company's platform assists diners in searching for local restaurant, tracking the order, and re-order for convenience. The Company operates within the United States and the United Kingdom.

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

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

Keywords: spotlights grubhub inc

Ticker(s): GRUB