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Shares of FARM Up 4.8% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Farmer Bros Co (NASDAQ:FARM) on September 10th, 2019 at $13.62. In approximately 1 month, Farmer Bros Co has returned 4.81% as of today's recent price of $14.27.

In the past 52 weeks, shares of Farmer Bros Co have traded between a low of $10.26 and a high of $26.25 and are now at $14.27, which is 39% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.5% while the 200-day MA has slid 1%.

Farmer Bros. Co. operates as a coffee foodservice company. The Company roasts, packages, and distributes coffee and allied products to restaurants, hotels, hospitals, convenience stores, and fast food outlets.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Farmer Bros Co shares.

Log in and add Farmer Bros Co (FARM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights farmer bros co

Ticker(s): FARM