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Shares of GPI Up 26.5% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Group 1 Automoti (NYSE:GPI) on January 4th, 2019 at $54.94. In approximately 3 months, Group 1 Automoti has returned 26.46% as of today's recent price of $69.47.

In the past 52 weeks, shares of Group 1 Automoti have traded between a low of $48.69 and a high of $81.16 and are now at $69.47, which is 43% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

Group 1 Automotive, Inc., through its subsidiaries, owns and operates automobile dealerships. The Company sells new and used cars and light trucks, provides maintenance and repair services, and sells replacement parts. The Company also arranges related financing, insurance, and extended service contracts. Group 1 operates in Florida, Georgia, Colorado, Oklahoma, New Mexico, and Texas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Group 1 Automoti shares.

Log in and add Group 1 Automoti (GPI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights group 1 automoti

Ticker(s): GPI