TMCnet News
MasTec Shares Up 52.0% Since SmarTrend's Buy Recommendation (MTZ)Dec 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for MasTec (NYSE:MTZ) on July 10th, 2012 at $16.15. In approximately 6 months, MasTec has returned 52.01% as of today's recent price of $24.55. In the past 52 weeks, shares of MasTec have traded between a low of $12.86 and a high of $24.93 and are now at $24.55, which is 91% above that low price. The 200-day and 50-day moving averages have moved 0.50% higher and 1.00% higher over the past week, respectively. MasTec, Inc. builds internal and external voice, video, data, Internet, and other computer and communications networks. The Company designs, installs, constructs, and maintains aerial, underground, and buried copper, coaxial, and fiber optic cable networks, as well as wireless antenna networks. Customers include telecommunications service providers and cable television operators. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of MasTec shares.Log in and add MasTec (MTZ) 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 [email protected] --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |