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Shares of AOI Down 26.6% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Alliance One Int (NYSE:AOI) on August 2nd, 2017 at $14.18. In approximately 4 weeks, Alliance One Int has returned 26.63% as of today's recent price of $10.40.

In the past 52 weeks, shares of Alliance One Int have traded between a low of $9.95 and a high of $22.68 and are now at $10.40, which is 5% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 7.3%.

Alliance One International, Inc. is an independent leaf tobacco merchant serving large multinational cigarette manufacturers. The Company selects, purchases, processes, packs, stores, and ships leaf tobacco. Alliance One also provides, in certain developing markets, agronomy expertise, and financing for the growing of leaf tobacco.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Alliance One Int.

Log in and add Alliance One Int (AOI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights alliance one int

Ticker(s): AOI