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41.2% Return Seen to Date on SmarTrend Ryder System Inc Call (R)

By Shiri Gupta

SmarTrend identified a Downtrend for Ryder System Inc (NYSE:R) on January 23rd, 2020 at $52.53. In approximately 3 months, Ryder System Inc has returned 41.20% as of today's recent price of $30.89.

Over the past year, Ryder System Inc has traded in a range of $22.62 to $67.65 and is now at $30.89, 37% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 3.7%.

Ryder System, Inc. provides a continuum of logistics, supply chain, and transportation management solutions worldwide. The Company's offerings range from full-service leasing, commercial rental and maintenance of vehicles to integrated services. The Company also offers comprehensive supply chain solutions, logistics management services, and e-Commerce solutions.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ryder System Inc.

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

Keywords: spotlights ryder system inc

Ticker(s): R