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Habit Restaura-A Shares Down 42.5% Since SmarTrend's Sell Call (HABT)

By Shiri Gupta

SmarTrend identified a Downtrend for Habit Restaura-A (NASDAQ:HABT) on June 8th, 2017 at $16.88. In approximately 9 months, Habit Restaura-A has returned 42.52% as of today's recent price of $9.70.

In the past 52 weeks, Habit Restaura-A share prices have been bracketed by a low of $8.11 and a high of $19.75 and are now at $9.70, 20% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 1%.

The Habit Restaurants, Inc. owns and operates chain of restaurants. The Company offers grilled chicken, salads, shakes, and burgers. Habit Restaurants serves customers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Habit Restaura-A.

Log in and add Habit Restaura-A (HABT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights habit restaura-a

Ticker(s): HABT