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Shares of CECE Down 26.1% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Ceco Environmntl (NASDAQ:CECE) on February 28th, 2020 at $6.83. In approximately 1 month, Ceco Environmntl has returned 26.06% as of today's recent price of $5.05.

Over the past year, Ceco Environmntl has traded in a range of $3.53 to $9.84 and is now at $5.05, 43% above that low. The 200-day and 50-day moving averages have moved 0.82% lower and 2.62% lower over the past week, respectively.

CECO Environmental Corp. is involved in the air quality management and pollution control industries. The Company manufactures and sells industrial air filters and filter fabrics, as well as supplies air quality improvement systems. CECO also provides environmental maintenance, monitoring, and management services.

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

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

Keywords: spotlights ceco environmntl

Ticker(s): CECE