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Valspar Shares Up 40.0% Since SmarTrend's Buy Recommendation (VAL)

By James Quinn

SmarTrend identified an Uptrend for Valspar (NYSE:VAL) on March 4th, 2016 at $80.73. In approximately 16 months, Valspar has returned 39.96% as of today's recent price of $112.99.

Valspar share prices have moved between a 52-week high of $113.07 and a 52-week low of $70.58 and are now trading 60% above that low price at $112.99 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.5% while the 200-day MA has risen 0.6%.

The Valspar Corporation manufactures and distributes coatings, coating intermediates, and specialty chemical products. The Company manufactures products such as wood coatings, metal coatings, composites and glass coatings, polymers, resins, and dispersions products. Valspar distributes its products to customers in North America and other countries around the world.

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

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

Keywords: spotlights valspar

Ticker(s): VAL