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Shares of BGC Up 39.7% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Gen Cable Corp (NYSE:BGC) on November 29th, 2017 at $21.48. In approximately 11 months, Gen Cable Corp has returned 39.70% as of today's recent price of $30.00.

Over the past year, Gen Cable Corp has traded in a range of $19.90 to $30.18 and is now at $30.00, 51% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

General Cable Corporation designs, develops, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products for the communications, electrical, and energy markets. The Company operates around the world.

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

Log in and add Gen Cable Corp (BGC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights gen cable corp

Ticker(s): BGC