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Summit Materia-A Has Returned 35.1% Since SmarTrend Recommendation (SUM)

By Nick Russo

SmarTrend identified an Uptrend for Summit Materia-A (NYSE:SUM) on March 25th, 2020 at $11.84. In approximately 2 weeks, Summit Materia-A has returned 35.14% as of today's recent price of $16.00.

Over the past year, Summit Materia-A has traded in a range of $7.51 to $25.22 and is now at $16.00, 113% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.9% while the 200-day MA has slid 0.2%.

Summit Materials, Inc. manufactures cement and concrete products. The Company produces cement and ready mix products which includes blocks, pipes, bricks, walls, and girders. Summit Materials serves customers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Summit Materia-A shares.

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

Keywords: spotlights summit materia-a

Ticker(s): SUM