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Shares of KOP Up 25.7% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Koppers Holdings (NYSE:KOP) on October 21st, 2019 at $30.44. In approximately 1 month, Koppers Holdings has returned 25.70% as of today's recent price of $38.26.

Over the past year, Koppers Holdings has traded in a range of $15.00 to $44.28 and is now at $38.26, 155% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.6%.

Koppers Holdings, Inc. manufactures carbon compounds and wood treatments. The Company distills coal tar into carbon pitch, creosote, and phthalic anhydride, which are used to produce aluminum, plasticizers, and specialty chemicals. Koppers also manufactures railroad ties.

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

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

Keywords: spotlights koppers holdings

Ticker(s): KOP