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Shares of GBX Up 19.4% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Greenbrier Cos (NYSE:GBX) on June 7th, 2016 at $29.68. In approximately 4 months, Greenbrier Cos has returned 19.42% as of today's recent price of $35.45.

Over the past year, Greenbrier Cos has traded in a range of $19.89 to $64.45 and is now at $35.45, 78% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has slid 1.1%.

The Greenbrier Companies, Inc. supplies transportation equipment and services to the railroad and related industries. The Company's manufacturing segment produces railcars and marine vessels. Greenbrier also provides repair and refurbishment for intermodal and conventional railcars. In addition, the Company provides complementary leasing and services activities.

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

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

Keywords: spotlights greenbrier cos

Ticker(s): GBX