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Moneygram Intern Down 56.9% Since SmarTrend Downtrend Call (MGI)

By David Diaz

SmarTrend identified a Downtrend for Moneygram Intern (NASDAQ:MGI) on November 2nd, 2017 at $15.43. In approximately 8 months, Moneygram Intern has returned 56.90% as of today's recent price of $6.65.

In the past 52 weeks, shares of Moneygram Intern have traded between a low of $6.39 and a high of $17.48 and are now at $6.65, which is 4% above that low price. The 200-day and 50-day moving averages have moved 1.64% lower and 2.26% lower over the past week, respectively.

MoneyGram International, Inc. provides payment services to consumers and businesses through a network of agents and its financial institution customers. The Company enables consumers to make payments and to transfer money around the world.

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

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

Keywords: spotlights moneygram intern

Ticker(s): MGI