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Shares of LM Down 12.0% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Legg Mason Inc (NYSE:LM) on April 13th, 2018 at $38.15. In approximately 3 months, Legg Mason Inc has returned 11.98% as of today's recent price of $33.58.

Over the past year, Legg Mason Inchas traded in a range of $33.35 to $47.13 and are now at $33.58. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1%.

Legg Mason, Inc. is a global asset management company. The Company, through its subsidiaries, provides investment management and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Legg Mason Inc.

Log in and add Legg Mason Inc (LM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights legg mason inc

Ticker(s): LM