• Return to Headlines

Texas Industries Has Returned 32.3% Since SmarTrend Recommendation (TXI)

By Nick Russo

SmarTrend identified an Uptrend for Texas Industries (NYSE:TXI) on September 12th, 2012 at $42.96. In approximately 5 months, Texas Industries has returned 32.31% as of today's recent price of $56.84.

In the past 52 weeks, Texas Industries share prices have been bracketed by a low of $30.10 and a high of $59.32 and are now at $57.06, 90% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 2.0%.

Texas Industries, Inc. and its subsidiaries supply construction materials such as cement, aggregate, and concrete products. The Company's customers include the construction, original equipment manufacturers, tool, and country goods markets.

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

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

Keywords: spotlights texas industries

Ticker(s): TXI