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Patrick Inds Inc Up 39.3% Since SmarTrend Uptrend Call (PATK)

By Nick Russo

SmarTrend identified an Uptrend for Patrick Inds Inc (NASDAQ:PATK) on January 7th, 2019 at $32.44. In approximately 2 months, Patrick Inds Inc has returned 39.30% as of today's recent price of $45.19.

Patrick Inds Inc share prices have moved between a 52-week high of $67.60 and a 52-week low of $27.32 and are now trading 65% above that low price at $45.19 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 2.6%.

Patrick Industries, Inc. manufactures and distributes building products for the manufactured housing, recreational vehicle, furniture manufacturing, marine, automotive aftermarket, and other industries. The Company manufactures vinyl and paper panels, cabinet doors, countertops, aluminum extrusions, drawer sides, pleated shades, wood adhesives, and laminating machines.

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

Log in and add Patrick Inds Inc (PATK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights patrick inds inc

Ticker(s): PATK