• Return to Headlines

Installed Buildi Shares Down 20.6% Since SmarTrend's Sell Call (IBP)

By Shiri Gupta

SmarTrend identified a Downtrend for Installed Buildi (NYSE:IBP) on September 21st, 2018 at $45.03. In approximately 3 weeks, Installed Buildi has returned 20.62% as of today's recent price of $35.74.

Over the past year, Installed Buildi has traded in a range of $35.70 to $79.40 and is now at $35.74, 0% above that low. The 200-day and 50-day moving averages have moved 1.29% lower and 2.88% lower over the past week, respectively.

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 changes in momentum for shares of Installed Buildi.

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