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Shares of SGC Down 28.2% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Superior Uniform (NASDAQ:SGC) on May 2nd, 2018 at $24.38. In approximately 7 months, Superior Uniform has returned 28.16% as of today's recent price of $17.51.

Over the past year, Superior Uniform has traded in a range of $16.89 to $28.85 and is now at $17.51, 4% above that low. The 200-day and 50-day moving averages have moved 0.13% lower and 0.07% lower over the past week, respectively.

Superior Uniform Group, Inc. manufactures and sells a wide range of uniforms, corporate identification, career apparel, and accessories. The Company's customers include the hospital and healthcare fields, hotels, fast food and other restaurants, public safety, industrial, transportation, and commercial markets. Superior also supplies corporate and resort embroidered sportswear.

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

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

Keywords: spotlights superior uniform

Ticker(s): SGC