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Lamar Advertising Shares Up 58.6% Since SmarTrend's Buy Recommendation (LAMR)
Jan 22, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Lamar Advertising (NASDAQ:LAMR) on June 14th, 2012 at $26.63. In approximately 7 months, Lamar Advertising has returned 58.62% as of today's recent price of $42.24.
Lamar Advertising share prices have moved between a 52-week high of $43.59 and a 52-week low of $23.37 and are now trading 81% above that low price at $42.24 per share. The 200-day and 50-day moving averages have moved 0.70% higher and 0.50% higher over the past week, respectively.
Lamar Advertising Company owns and operates outdoor advertising structures in the United States. The Company provides poster and bulletin displays, as well as logo signs. Lamar also operates tourism signage franchises in the United States and Canada.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Lamar Advertising shares.Log in and add Lamar Advertising (LAMR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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