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Shares of CTB Down 30.4% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Cooper Tire & Ru (NYSE:CTB) on February 6th, 2018 at $36.68. In approximately 3 months, Cooper Tire & Ru has returned 30.35% as of today's recent price of $25.55.

In the past 52 weeks, shares of Cooper Tire & Ru have traded between a low of $22.58 and a high of $44.50 and are now at $25.55, which is 13% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1%.

Cooper Tire & Rubber Company manufactures and markets replacement tires. The Company focuses on the manufacture and sale of passenger and light truck replacement tires. Cooper also manufactures radial medium truck tires and materials and equipment for the truck tire retread industry.

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

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

Keywords: spotlights cooper tire & ru

Ticker(s): CTB