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Shares of MSGN Down 24.2% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Msg Networks- A (NYSE:MSGN) on March 15th, 2019 at $22.30. In approximately 5 months, Msg Networks- A has returned 24.17% as of today's recent price of $16.91.

Msg Networks- A share prices have moved between a 52-week high of $28.13 and the current low of $16.36 and are currently at $16.91 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1%.

MSG Networks Inc. engages in the sports production, and content development and distribution businesses in the United States. The company owns and operates MSG Network and MSG+, which are regional sports and entertainment networks.

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

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

Keywords: spotlights msg networks- a

Ticker(s): MSGN