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Shares of AJRD Up 23.7% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for Aerojet Rocketdy (NYSE:AJRD) on May 1st, 2019 at $36.66. In approximately 3 months, Aerojet Rocketdy has returned 23.67% as of today's recent price of $45.33.

In the past 52 weeks, shares of Aerojet Rocketdy have traded between a low of $27.69 and a high of $46.82 and are now at $45.33, which is 64% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.5%.

Aerojet Rocketdyne Holdings, Inc. operates as a holding company. The Company, through its subsidiaries, develops and manufactures propulsion systems for defense and space applications, as well as armaments for precision tactical and long-range weapon systems applications. Aerojet Rocketdyne Holdings also provides real estate services, including entitlement, sale, and leasing.

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

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

Keywords: spotlights aerojet rocketdy

Ticker(s): AJRD