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Shares of BRO Down 48.5% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Brown & Brown (NYSE:BRO) on March 23rd, 2018 at $50.58. In approximately 3 weeks, Brown & Brown has returned 48.47% as of today's recent price of $26.06.

Over the past year, Brown & Brown has traded in a range of $24.34 to $53.82 and is now at $26.06, 7% above that low. The 200-day and 50-day moving averages have moved 0.08% higher and 0.83% higher over the past week, respectively.

Brown & Brown, Inc. and its subsidiaries provide a range of insurance and reinsurance products and services. The Company also provides risk management, employee benefit administration, and managed health care services. Brown & Brown operates offices across the United States.

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

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

Keywords: spotlights brown & brown

Ticker(s): BRO