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GenCorp Shares Up 36.1% Since SmarTrend's Buy Recommendation (GY)
Mar 15, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for GenCorp (NYSE:GY) on January 2nd, 2013 at $9.39. In approximately 2 months, GenCorp has returned 36.07% as of today's recent price of $12.77.
Over the past year, GenCorp has traded in a range of $5.69 to $12.81 and is now at $12.77, 124% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 1.5% while the 50-day MA has advanced 2.6%.
GenCorp Inc. is a producer of value-added systems for the space electronics, aerospace, and defense industries. The Company's products include satellite payloads and ground systems, launch vehicle propulsion systems, and tactical weapons systems. GenCorp is also involved in the development, sale, acquisition and leasing of real estate assets in Northern California.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of GenCorp shares.Log in and add GenCorp (GY) 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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