• Return to Headlines

Uptrend Call Working As Alamo Group Stock Rises 11.7% (ALG)

By Shiri Gupta

SmarTrend identified an Uptrend for Alamo Group (NYSE:ALG) on August 1st, 2019 at $105.77. In approximately 1 month, Alamo Group has returned 11.74% as of today's recent price of $118.19.

Alamo Group share prices have moved between a 52-week high of $122.28 and a 52-week low of $72.50 and are now trading 63% above that low price at $118.19 per share. The 200-day and 50-day moving averages have moved 0.57% higher and 1.12% higher over the past week, respectively.

Alamo Group Inc. designs, manufactures, and distributes heavy duty, tractor-mounted mowing and vegetation maintenance equipment and replacement parts, for industrial and agricultural end-users. The Company sells its products in Europe and 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 Alamo Group shares.

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

Keywords: spotlights alamo group

Ticker(s): ALG