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Tejon Ranch Co Shares Down 30.5% Since SmarTrend's Sell Call (TRC)

By Shiri Gupta

SmarTrend identified a Downtrend for Tejon Ranch Co (NYSE:TRC) on June 28th, 2018 at $24.34. In approximately 5 months, Tejon Ranch Co has returned 30.51% as of today's recent price of $16.91.

In the past 52 weeks, shares of Tejon Ranch Co have traded between the current low of $16.80 and a high of $26.25 and are now at $16.91. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.4% while the 200-day MA has slid 0.3%.

Tejon Ranch Co. is a diversified real estate development and agri-business company owning land located in Los Angeles and Kern counties, California. The Company is in the process of developing its land holdings along transportation corridors into master-planned business and residential communities.

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

Log in and add Tejon Ranch Co (TRC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights tejon ranch co

Ticker(s): TRC