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Shares of GLDD Up 37.1% Since Uptrend Call on Shares
Mar 06, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Great Lakes Dredge & Dock (NASDAQ:GLDD) on July 2nd, 2012 at $7.17. In approximately 8 months, Great Lakes Dredge & Dock has returned 37.06% as of today's recent price of $9.82.
In the past 52 weeks, Great Lakes Dredge & Dock share prices have been bracketed by a low of $3.97 and a high of $10.07 and are now at $9.86, 148% above that low price. The 200-day and 50-day moving averages have moved 0.60% higher and 0.43% higher over the past week, respectively.
Great Lakes Dredge & Dock Company offers marine services. The Company deepens and maintains waterways, shipping channels, and ports; creates and maintains beaches; excavates harbors and build docks, terminals and piers; restores aquatic and wetland habitats; and excavates pipeline, cable, and tunnel trenches.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Great Lakes Dredge & Dock shares.Log in and add Great Lakes Dredge & Dock (GLDD) 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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