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Downtrend Call Working As Univar Inc Stock Falls 59.9% (UNVR)

By James Quinn

SmarTrend identified a Downtrend for Univar Inc (NYSE:UNVR) on January 23rd, 2020 at $22.35. In approximately 2 months, Univar Inc has returned 59.87% as of today's recent price of $8.97.

Univar Inc share prices have moved between a 52-week high of $24.77 and a 52-week low of $6.40 and are now trading 38% above that low price at $8.81 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 4.6% while the 200-day MA has slid 0.8%.

Univar Inc. distributes industrial and specialty chemical products. The Company offers solvents, resins, pigments, acids, bases, surfactants, glycols, inorganic compounds, and alcohols. Univar supplies its products to the coatings and adhesives, food, oil and gas, personal care, and pharmaceutical industries worldwide.

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

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

Keywords: spotlights univar inc

Ticker(s): UNVR