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Leggett & Platt Up 31.7% Since SmarTrend Uptrend Call (LEG)

By Nick Russo

SmarTrend identified an Uptrend for Leggett & Platt (NYSE:LEG) on July 3rd, 2012 at $21.17. In approximately 6 months, Leggett & Platt has returned 31.74% as of today's recent price of $27.89.

In the past 52 weeks, shares of Leggett & Platt have traded between a low of $19.26 and a high of $28.28 and are now at $27.89, which is 45% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.3%.

Leggett & Platt, Incorporated manufactures a wide range of engineered products. The Company's products include components for bedding, furniture, and other residential furnishings, as well as office and institutional furnishings components, retail store fixtures, and displays, specialty wire products, and automotive seating suspension and lumbar systems.

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

Log in and add Leggett & Platt (LEG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights leggett & platt

Ticker(s): LEG