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Shares of SUM Up 28.8% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Summit Materia-A (NYSE:SUM) on June 27th, 2019 at $17.96. In approximately 7 months, Summit Materia-A has returned 28.84% as of today's recent price of $23.14.

Summit Materia-A share prices have moved between a 52-week high of $25.22 and a 52-week low of $13.42 and are now trading 72% above that low price at $23.14 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has remained constant.

Summit Materials, Inc. manufactures cement and concrete products. The Company produces cement and ready mix products which includes blocks, pipes, bricks, walls, and girders. Summit Materials serves customers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Summit Materia-A shares.

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

Keywords: spotlights summit materia-a

Ticker(s): SUM