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Mgp Ingredients Up 23.7% Since SmarTrend Uptrend Call (MGPI)

By Shiri Gupta

SmarTrend identified an Uptrend for Mgp Ingredients (NASDAQ:MGPI) on January 10th, 2019 at $64.76. In approximately 3 months, Mgp Ingredients has returned 23.67% as of today's recent price of $80.08.

In the past 52 weeks, shares of Mgp Ingredients have traded between a low of $53.66 and a high of $100.00 and are now at $80.08, which is 49% above that low price. The 200-day and 50-day moving averages have moved 0.27% lower and 0.59% higher over the past week, respectively.

MGP Ingredients, Inc. produces and markets ingredients and distillery products. The Company's ingredients include specialty wheat starches and specialty wheat proteins for food and non-food applications, commodity ingredients, including commodity wheat starches and vital wheat gluten, and mill feeds. MGP's distillery products consist of food-grade alcohol.

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

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

Keywords: spotlights mgp ingredients

Ticker(s): MGPI