• Return to Headlines

Mcgrath Rentcorp Up 29.1% Since SmarTrend Uptrend Call (MGRC)

By Amy Schwartz

SmarTrend identified an Uptrend for Mcgrath Rentcorp (NASDAQ:MGRC) on February 28th, 2018 at $50.57. In approximately 4 months, Mcgrath Rentcorp has returned 29.13% as of today's recent price of $65.30.

In the past 52 weeks, Mcgrath Rentcorp share prices have been bracketed by a low of $32.71 and a high of $68.79 and are now at $65.30, 100% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.3%.

McGrath RentCorp rents and sells relocatable modular offices, as well as electronic test and measurement instruments. The Company's offices are used as temporary offices adjacent to existing facilities, sales and construction field offices, classrooms, and for a variety of other purposes. McGrath serves customers in the States of California and Texas.

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

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

Keywords: spotlights mcgrath rentcorp

Ticker(s): MGRC