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35.2% Return Seen to Date on SmarTrend Leggett & Platt Call (LEG)
Jan 18, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Leggett & Platt (NYSE:LEG) on July 3rd, 2012 at $21.17. In approximately 7 months, Leggett & Platt has returned 35.24% as of today's recent price of $28.63.
Leggett & Platt share prices have moved between a 52-week high of $28.72 and a 52-week low of $19.26 and are now trading 48% above that low price at $28.44 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.3%.
Leggett & Platt, Incorporated manufactures a wide range of engineered products. The Company's products include components for bedding, furniture, and other residential furnishings, as well as office and institutional furnishings components, retail store fixtures, and displays, specialty wire products, and automotive seating suspension and lumbar systems.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Leggett & Platt shares.Log in and add Leggett & Platt (LEG) 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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