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Grubhub Inc Shares Down 41.2% Since SmarTrend's Sell Call (GRUB)

By Shiri Gupta

SmarTrend identified a Downtrend for Grubhub Inc (NYSE:GRUB) on October 4th, 2018 at $132.15. In approximately 2 months, Grubhub Inc has returned 41.23% as of today's recent price of $77.67.

Over the past year, Grubhub Inc has traded in a range of $65.15 to $149.35 and is now at $77.67, 19% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.2% while the 200-day MA has slid 0.2%.

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 changes in momentum for shares of Grubhub Inc.

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