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Shares of HABT Down 23.1% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Habit Restaura-A (NASDAQ:HABT) on June 8th, 2017 at $16.88. In approximately 3 months, Habit Restaura-A has returned 23.11% as of today's recent price of $12.98.

Over the past year, Habit Restaura-A has traded in a range of $12.68 to $19.75 and is now at $12.97, 2% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 1%.

The Habit Restaurants, Inc. owns and operates chain of restaurants. The Company offers grilled chicken, salads, shakes, and burgers. Habit Restaurants serves customers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Habit Restaura-A.

Log in and add Habit Restaura-A (HABT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights habit restaura-a

Ticker(s): HABT