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Ofg Bancorp Has Returned 28.1% Since SmarTrend Recommendation (OFG)

By Amy Schwartz

SmarTrend identified an Uptrend for Ofg Bancorp (NYSE:OFG) on November 21st, 2017 at $9.25. In approximately 4 months, Ofg Bancorp has returned 28.11% as of today's recent price of $11.85.

In the past 52 weeks, Ofg Bancorp share prices have been bracketed by a low of $7.60 and a high of $14.47 and are now at $11.85, 56% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 3.4% while the 200-day MA has slid 0.3%.

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