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Uptrend Call Working As Libbey Inc Stock Rises 23.6% (LBY)

By Shiri Gupta

SmarTrend identified an Uptrend for Libbey Inc (AMEX:LBY) on May 4th, 2018 at $6.43. In approximately 1 month, Libbey Inc has returned 23.64% as of today's recent price of $7.95.

In the past 52 weeks, shares of Libbey Inc have traded between a low of $4.60 and a high of $10.30 and are now at $7.95, which is 73% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.5%.

Libbey Inc. designs, manufactures, and markets glass tableware, which is used by foodservice, industrial, premium, and retail customers around the world. The Company also provides ceramic dinnerware and metal flatware to foodservice users in the United States. In addition, Libbey is the exclusive distributor of Vitrocrisa glass tableware products in the United States and Canada.

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

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

Keywords: spotlights amex:lby libbey inc

Ticker(s): LBY