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Kennametal Inc Down 11.1% Since SmarTrend Downtrend Call (KMT)

By James Quinn

SmarTrend identified a Downtrend for Kennametal Inc (NYSE:KMT) on January 8th, 2020 at $35.03. In approximately 1 month, Kennametal Inc has returned 11.13% as of today's recent price of $31.13.

Kennametal Inc share prices have moved between a 52-week high of $42.03 and the current low of $0.00 and are currently at $0.00 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has slid 0.7%.

Kennametal Inc. manufactures, purchases, and distributes tools, tooling systems, and solutions to the metalworking, mining, oil, and energy industries. The Company also manufactures and distributes wear-resistant parts for a wide range of industries. Kennametal operates worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Kennametal Inc.

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

Keywords: spotlights kennametal inc

Ticker(s): KMT