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Abm Industries Shares Down 43.2% Since SmarTrend's Sell Call (ABM)

By Shiri Gupta

SmarTrend identified a Downtrend for Abm Industries (NYSE:ABM) on February 24th, 2020 at $37.03. In approximately 4 weeks, Abm Industries has returned 43.15% as of today's recent price of $21.05.

Abm Industries share prices have moved between a 52-week high of $42.67 and a 52-week low of $21.86 and are now trading 2% above that low price at $22.21 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.6% while the 200-day MA has slid 0.8%.

ABM Industries Incorporated is a facility services contractor. The Company provides air conditioning, engineering, janitorial, lighting, parking, security, and other outsourced facility services to the commercial, industrial, and institutional customers across North America.

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

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

Keywords: spotlights abm industries

Ticker(s): ABM