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Shares of GHL Down 40.2% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Greenhill & Co (NYSE:GHL) on May 2nd, 2017 at $25.17. In approximately 4 months, Greenhill & Co has returned 40.22% as of today's recent price of $15.05.

Over the past year, Greenhill & Co has traded in a range of $14.80 to $32.45 and is now at $15.05, 2% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 1.5%.

Greenhill & Co., Inc is an independent investment bank. The Company focuses on providing financial advice on mergers, acquisitions, restructuring, financing, and capital raising to corporations, partnerships, institutions, and governments. Greenhill & Co. has offices throughout the world.

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

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

Keywords: spotlights Greenhill & Co

Ticker(s): GHL