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Shares of FBRC Up 31.2% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Fbr & Co (:FBRC) on December 20th, 2016 at $13.38. In approximately 22 months, Fbr & Co has returned 31.21% as of today's recent price of $17.55.

Fbr & Co share prices have moved between a 52-week high of $18.09 and a 52-week low of $17.05 and are now trading 3% above that low price at $17.55 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

FBR & Co. provides investment banking and institutional brokerage services. The Company offers public and private recapitalizations, initial public offerings, business creation, restructuring, mergers, acquisitions, and dispositions services. FBR serves customers 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 Fbr & Co shares.

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

Keywords: spotlights :fbrc fbr & co

Ticker(s): FBRC