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Ofg Bancorp Has Returned 18.9% Since SmarTrend Recommendation (OFG)

By James Quinn

SmarTrend identified an Uptrend for Ofg Bancorp (NYSE:OFG) on January 15th, 2019 at $17.39. In approximately 2 months, Ofg Bancorp has returned 18.90% as of today's recent price of $20.67.

Ofg Bancorp share prices have moved between a 52-week high of $21.64 and a 52-week low of $10.30 and are now trading 101% above that low price at $20.67 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.7% while the 200-day MA has risen 0.7%.

OFG Bancorp is the holding company for Oriental Bank. The Bank provides trust, money management, financial planning, and investment brokerage services, as well as consumer banking and mortgage banking. Oriental operates through a network of branch offices in Puerto Rico.

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

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

Keywords: spotlights ofg bancorp

Ticker(s): OFG