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Universal Stainless & Alloy Up 25.1% Since SmarTrend Uptrend Call (USAP)

By David Diaz

SmarTrend identified an Uptrend for Universal Stainless & Alloy (NASDAQ:USAP) on March 24th, 2017 at $14.94. In approximately 3 months, Universal Stainless & Alloy has returned 25.10% as of today's recent price of $18.69.

In the past 52 weeks, Universal Stainless & Alloy share prices have been bracketed by a low of $6.10 and a high of $28.41 and are now at $18.69, 206% above that low price. The 200-day and 50-day moving averages have moved 0.5% lower and 4.00% higher over the past week, respectively.

Universal Stainless & Alloy Products, Inc. manufactures and markets semi- finished and finished specialty steel products, including stainless steel, tool steel, and certain other alloyed steels. The Company's products are sold to re-rollers, forgers, service centers, and original equipment manufacturers. Universal also provides conversion services on materials supplied by customers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Universal Stainless & Alloy shares.

Log in and add Universal Stainless & Alloy (USAP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights universal stainless & alloy

Ticker(s): USAP