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Shares of RM Up 49.6% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for Regional Managem (NYSE:RM) on November 29th, 2017 at $24.45. In approximately 7 months, Regional Managem has returned 49.56% as of today's recent price of $36.56.

Regional Managem share prices have moved between a 52-week high of $37.21 and a 52-week low of $21.47 and are now trading 70% above that low price at $36.56 per share. The 200-day and 50-day moving averages have moved 0.77% higher and 0.87% higher over the past week, respectively.

Regional Management Corp. offers consumer finance services. The Company extends credit primarily to people who have limited access to consumer credit from banks, savings and loans, credit card companies, and other traditional lenders. The loans are on a fixed rate, fixed term basis with fully amortizing equal monthly installment payments, and repayable at any time without penalty.

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

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

Keywords: spotlights regional managem

Ticker(s): RM