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Installed Buildi Up 32.6% Since SmarTrend Uptrend Call (IBP)

By Shiri Gupta

SmarTrend identified an Uptrend for Installed Buildi (NYSE:IBP) on May 3rd, 2019 at $54.24. In approximately 7 months, Installed Buildi has returned 32.58% as of today's recent price of $71.91.

In the past 52 weeks, shares of Installed Buildi have traded between a low of $30.54 and a high of $76.49 and are now at $71.91, which is 135% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.8%.

Installed Building Products Inc installs residential insulation in the United States. The Company also installs complementary building products, including garage doors, rain gutters, shower doors, closet shelving and mirrors.

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

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

Keywords: spotlights installed buildi

Ticker(s): IBP