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Rent-A-Center Shares Up 61.0% Since SmarTrend's Buy Recommendation (RCII)

By Amy Schwartz

SmarTrend identified an Uptrend for Rent-A-Center (NASDAQ:RCII) on March 12th, 2018 at $9.00. In approximately 8 months, Rent-A-Center has returned 61.00% as of today's recent price of $14.49.

In the past 52 weeks, Rent-A-Center share prices have been bracketed by a low of $7.22 and a high of $14.94 and are now at $14.49, 101% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has declined 0.2%.

Rent-A-Center, Inc. operates franchised and company-owned Rent-A-Center and ColorTyme rent-to-own merchandise stores. The Company's stores offer home electronics, appliances, furniture, and accessories under flexible rental purchase agreements. Rent-A-Center operates across the United States and Puerto Rico.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Rent-A-Center shares.

Log in and add Rent-A-Center (RCII) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights rent-a-center

Ticker(s): RCII