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Shares of BRS Down 62.4% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Bristow Group (NYSE:BRS) on January 10th, 2017 at $18.95. In approximately 5 months, Bristow Group has returned 62.43% as of today's recent price of $7.12.

Bristow Group share prices have moved between a 52-week high of $63.16 and a 52-week low of $6.21 and are now trading 15% above that low price at $7.12 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.8% while the 200-day MA has slid 2.1%.

Bristow Group, Inc. provides helicopter transportation services to the offshore oil and gas industry. Through its subsidiaries, affiliates, and joint ventures, the Company offers transportation services in oil and gas producing regions around the world.

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

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

Keywords: spotlights bristow group

Ticker(s): BRS