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Shares of GEO Down 16.2% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Geo Group Inc/Th (NYSE:GEO) on June 24th, 2019 at $21.90. In approximately 3 months, Geo Group Inc/Th has returned 16.21% as of today's recent price of $18.35.

In the past 52 weeks, Geo Group Inc/Th share prices have been bracketed by a low of $16.33 and a high of $25.84 and are now at $18.36, 12% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1.5%.

The Geo Group Inc. operates private correctional facilities located mostly in the United States, but also in Australia, Canada, New Zealand, and South Africa. The Company offers educational programs, vocational training, and rehabilitation therapy services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Geo Group Inc/Th.

Log in and add Geo Group Inc/Th (GEO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights geo group inc/th

Ticker(s): GEO