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Shares of GK Up 52.3% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for G & K Services-A (:GK) on February 12th, 2016 at $64.00. In approximately 32 months, G & K Services-A has returned 52.34% as of today's recent price of $97.49.

In the past 52 weeks, shares of G & K Services-A have traded between a low of $69.17 and a high of $98.22 and are now at $97.49, which is 41% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

G & K Services, Inc. leases and maintains uniforms and other textile products. The Company supplies work clothes, anti-static and particle-free garments, dress clothes for supervisory personnel, floor mats, dust mops, wiping towels, and linens. G & K serves the pharmaceutical, electronic, transportation, healthcare, and auto service industries in the United States and Canada.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of G & K Services-A shares.

Log in and add G & K Services-A (GK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights :gk g & k services-a

Ticker(s): GK