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Pricesmart Inc Shares Up 8.1% Since SmarTrend's Buy Recommendation (PSMT)

By Nick Russo

SmarTrend identified an Uptrend for Pricesmart Inc (NASDAQ:PSMT) on September 10th, 2019 at $63.09. In approximately 1 month, Pricesmart Inc has returned 8.15% as of today's recent price of $68.23.

In the past 52 weeks, Pricesmart Inc share prices have been bracketed by a low of $48.06 and a high of $82.44 and are now at $68.23, 42% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.8%.

PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in Central America, the Caribbean, and Colombia. Its warehouse clubs sells brand name and private label consumer goods to individuals and businesses.

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

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

Keywords: spotlights pricesmart inc

Ticker(s): PSMT