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Shares of CATO Up 42.7% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for Cato Corp-A (NYSE:CATO) on March 15th, 2018 at $12.87. In approximately 2 months, Cato Corp-A has returned 42.71% as of today's recent price of $18.36.

In the past 52 weeks, shares of Cato Corp-A have traded between a low of $10.76 and a high of $38.39 and are now at $18.36, which is 71% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

The Cato Corporation and its subsidiaries operate and manage fashion stores. The Company offers merchandises, including dressy, career, and casual sportswear, as well as dresses, coats, shoes, lingerie, costume jewelry, handbags, men's wear, and lines for kids and newborns. Cato operates throughout the United States.

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

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

Keywords: spotlights cato corp-a

Ticker(s): CATO