• Return to Headlines

Shares of ASTE Up 34.7% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Astec Industries (NASDAQ:ASTE) on September 11th, 2019 at $31.25. In approximately 4 months, Astec Industries has returned 34.69% as of today's recent price of $42.09.

Astec Industries share prices have moved between a 52-week high of $43.92 and a 52-week low of $26.30 and are now trading 60% above that low price at $42.09 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has risen 0.2%.

Astec Industries, Inc. designs, engineers, manufactures, markets, and finances equipment and components used primarily in road building and related construction activities. The Company's products are used in each phase of road building, from quarrying and crushing the aggregate to application of the road surface.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Astec Industries shares.

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

Keywords: spotlights astec industries

Ticker(s): ASTE