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Mistras Group In Shares Down 20.9% Since SmarTrend's Sell Call (MG)

By Shiri Gupta

SmarTrend identified a Downtrend for Mistras Group In (NYSE:MG) on January 19th, 2017 at $22.76. In approximately 7 months, Mistras Group In has returned 20.87% as of today's recent price of $18.01.

In the past 52 weeks, shares of Mistras Group In have traded between a low of $17.66 and a high of $26.46 and are now at $18.01, which is 2% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.5%.

Mistras Group, Inc. develops asset protection solutions. The Company provides acoustic, ultrasonic, thermography, radiography, and non-destructive testing platforms used to evaluate the structural and mechanical integrity of critical energy and industrial and public infrastructure. Mistras Group conducts business worldwide.

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

Log in and add Mistras Group In (MG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights mistras group in

Ticker(s): MG