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Simpson Mfg Up 39.5% Since SmarTrend Uptrend Call (SSD)

By David Diaz

SmarTrend identified an Uptrend for Simpson Mfg (NYSE:SSD) on September 1st, 2017 at $43.94. In approximately 9 months, Simpson Mfg has returned 39.51% as of today's recent price of $61.30.

Simpson Mfg share prices have moved between a 52-week high of $62.08 and a 52-week low of $37.06 and are now trading 65% above that low price at $61.30 per share. The 200-day and 50-day moving averages have moved 0.15% higher and 0.84% higher over the past week, respectively.

Simpson Manufacturing Co., Inc., through its Simpson Strong-Tie Company Inc. subsidiary, designs, engineers, and manufactures wood-to-wood, wood-to-concrete, and wood-to-masonry connectors, and shear walls. The Company's other subsidiary, Simpson Dura-Vent Company, Inc., designs, engineers, and manufactures venting systems for gas and woodburning appliances.

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

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

Keywords: spotlights simpson mfg

Ticker(s): SSD