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Uptrend Call Working As Astec Industries Stock Rises 36.6% (ASTE)

By James Quinn

SmarTrend identified an Uptrend for Astec Industries (NASDAQ:ASTE) on September 11th, 2019 at $31.25. In approximately 4 months, Astec Industries has returned 36.61% as of today's recent price of $42.69.

Over the past year, Astec Industries has traded in a range of $26.30 to $43.92 and is now at $42.69, 62% above that low. The 200-day and 50-day moving averages have moved 0.15% higher and 1.68% higher over the past week, respectively.

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