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Shares of IBP Up 30.3% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Installed Buildi (NYSE:IBP) on May 3rd, 2019 at $54.24. In approximately 7 months, Installed Buildi has returned 30.25% as of today's recent price of $70.65.

In the past 52 weeks, Installed Buildi share prices have been bracketed by a low of $30.54 and a high of $76.49 and are now at $70.65, 131% above that low price. The 200-day and 50-day moving averages have moved 1.45% higher and 2.42% higher over the past week, respectively.

Installed Building Products Inc installs residential insulation in the United States. The Company also installs complementary building products, including garage doors, rain gutters, shower doors, closet shelving and mirrors.

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

Log in and add Installed Buildi (IBP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights installed buildi

Ticker(s): IBP