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Patrick Inds Inc Shares Up 20.1% Since SmarTrend's Buy Recommendation (PATK)

By Amy Schwartz

SmarTrend identified an Uptrend for Patrick Inds Inc (NASDAQ:PATK) on January 7th, 2019 at $32.44. In approximately 2 weeks, Patrick Inds Inc has returned 20.07% as of today's recent price of $38.95.

In the past 52 weeks, shares of Patrick Inds Inc have traded between a low of $27.32 and a high of $72.35 and are now at $38.95, which is 43% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 2.3%.

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