Royce Focus Trust Shares Up 17.9% Since SmarTrend's Buy Recommendation (FUND)
SmarTrend identified an Uptrend for Royce Focus Trust (NASDAQ:FUND) on March 1st, 2016 at $5.61. In approximately 8 months, Royce Focus Trust has returned 17.93% as of today's recent price of $6.61.
In the past 52 weeks, Royce Focus Trust share prices have been bracketed by a low of $4.66 and a high of $7.62 and are now at $6.61, 42% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.2%.
Royce Focus Trust, Inc. is a closed-end management investment company incorporated in the USA. The Fund's objective is long-term capital growth. The Fund invests in a limited number of domestic and foreign small-capitalization companies with significant business activities in the U.S. The Fund employs a value approach to stock selection.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Royce Focus Trust shares.
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