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Zayo Group Holdi Shares Down 32.6% Since SmarTrend's Sell Call (ZAYO)

By Shiri Gupta

SmarTrend identified a Downtrend for Zayo Group Holdi (NYSE:ZAYO) on July 23rd, 2018 at $37.38. In approximately 5 months, Zayo Group Holdi has returned 32.64% as of today's recent price of $25.18.

Zayo Group Holdi share prices have moved between a 52-week high of $39.66 and a 52-week low of $21.92 and are now trading 15% above that low price at $25.18 per share. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1.8%.

Zayo Group Holdings, Inc. is a global provider of bandwidth infrastructure services, including dark fiber, wavelengths, SONET, Ethernet, IP services, and carrier-neutral colocation and interconnection.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Zayo Group Holdi.

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

Keywords: spotlights zayo group holdi

Ticker(s): ZAYO