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Shares of SBH Up 36.7% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Sally Beauty Hol (NYSE:SBH) on September 11th, 2019 at $14.47. In approximately 2 months, Sally Beauty Hol has returned 36.67% as of today's recent price of $19.77.

Sally Beauty Hol share prices have moved between a 52-week high of $23.61 and a 52-week low of $11.46 and are now trading 73% above that low price at $19.77 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 3.8%.

Sally Beauty Holdings, Inc. operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care, skin and nail care, styling tools, and other beauty products for retail customers and salon professionals.

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

Log in and add Sally Beauty Hol (SBH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights sally beauty hol

Ticker(s): SBH