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Patrick Inds Inc Down 10.0% Since SmarTrend Downtrend Call (PATK)

By Shiri Gupta

SmarTrend identified a Downtrend for Patrick Inds Inc (NASDAQ:PATK) on December 11th, 2017 at $65.42. In approximately 7 months, Patrick Inds Inc has returned 10.04% as of today's recent price of $58.85.

Patrick Inds Inc share prices have moved between a 52-week high of $154.43 and a 52-week low of $51.88 and are now trading 13% above that low price at $58.85 per share. The 200-day and 50-day moving averages have moved 1.45% lower and 0.03% higher over the past week, respectively.

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 changes in momentum for shares of Patrick Inds Inc.

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