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5.5% Return Seen to Date on SmarTrend Rowan Companie-A Call (RDC)

By David Diaz

SmarTrend identified a Downtrend for Rowan Companie-A (NYSE:RDC) on February 27th, 2019 at $11.57. In approximately 14 months, Rowan Companie-A has returned 5.49% as of today's recent price of $10.93.

In the past 52 weeks, shares of Rowan Companie-A have traded between a low of $10.80 and a high of $11.34 and are now at $10.93, which is 1% 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 remained constant.

Rowan Companies plc provides international and domestic contract drilling services. The Company also owns and operates a manufacturing division that produces equipment for the drilling, mining, and timber industries.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Rowan Companie-A.

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

Keywords: spotlights rowan companie-a

Ticker(s): RDC