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Western Asset Mo Shares Up 4.8% Since SmarTrend's Buy Recommendation (WMC)

By Shiri Gupta

SmarTrend identified an Uptrend for Western Asset Mo (NYSE:WMC) on December 4th, 2019 at $10.38. In approximately 2 months, Western Asset Mo has returned 4.82% as of today's recent price of $10.88.

Over the past year, Western Asset Mohas traded in a range of $0.00 to $10.92 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.08% higher and 0.50% higher over the past week, respectively.

Western Asset Mortgage Capital Corp. invests in, finances, and manages primarily residential mortgage-backed securities. The Company also invests commercial mortgage-backed and residential mortgage-backed securities guaranteed by the United States Government.

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

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

Keywords: spotlights western asset mo

Ticker(s): WMC