• Return to Headlines

Schulman (A) Shares Up 47.7% Since SmarTrend's Buy Recommendation (SHLM)

By Shiri Gupta

SmarTrend identified an Uptrend for Schulman (A) (NASDAQ:SHLM) on August 21st, 2017 at $29.80. In approximately 16 months, Schulman (A) has returned 47.65% as of today's recent price of $44.00.

Schulman (A) share prices have moved between a 52-week high of $45.10 and a 52-week low of $34.27 and are now trading 28% above that low price at $44.00 per share. The 200-day and 50-day moving averages have moved 0% lower and 0% lower over the past week, respectively.

A. Schulman, Inc. supplies plastic compounds and resins which are used as raw materials by its customers. The Company combines basic resins purchased from basic resin producers and enhances them with additives. Schulman generally produces compounds to meet customer requirements and on the basis of customer commitments, but also buys and then resells prime and off-grade plastic resins.

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

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

Keywords: spotlights schulman (a)

Ticker(s): SHLM