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Pattern Ener Shares Up 19.3% Since SmarTrend's Buy Recommendation (PEGI)

By Shiri Gupta

SmarTrend identified an Uptrend for Pattern Ener (NASDAQ:PEGI) on June 14th, 2019 at $22.82. In approximately 3 months, Pattern Ener has returned 19.26% as of today's recent price of $27.21.

In the past 52 weeks, shares of Pattern Ener have traded between a low of $17.23 and a high of $27.60 and are now at $27.14, which is 58% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.3%.

Pattern Energy Group, Inc. is an independent power company focused on owning and operating power projects with stable long-term cash flows in attractive markets with potential for continued growth of our business. The Company owns interests in wind power projects located in the United States, Canada, and Chile.

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

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

Keywords: spotlights pattern ener

Ticker(s): PEGI