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Libbey Inc Shares Up 24.0% Since SmarTrend's Buy Recommendation (LBY)

By Nick Russo

SmarTrend identified an Uptrend for Libbey Inc (AMEX:LBY) on May 4th, 2018 at $6.43. In approximately 2 months, Libbey Inc has returned 24.03% as of today's recent price of $7.98.

Libbey Inc share prices have moved between a 52-week high of $10.30 and a 52-week low of $4.60 and are now trading 73% above that low price at $7.98 per share. The 200-day and 50-day moving averages have moved 0.07% lower and 2.43% higher over the past week, respectively.

Libbey Inc. designs, manufactures, and markets glass tableware, which is used by foodservice, industrial, premium, and retail customers around the world. The Company also provides ceramic dinnerware and metal flatware to foodservice users in the United States. In addition, Libbey is the exclusive distributor of Vitrocrisa glass tableware products in the United States and Canada.

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

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

Keywords: spotlights amex:lby libbey inc

Ticker(s): LBY