Feb 20, 2021 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Farmer Bros Co (NASDAQ:FARM) on November 25th, 2020 at $4.66. In approximately 3 months, Farmer Bros Co has returned 39.63% as of today's recent price of $6.50.
Over the past year, Farmer Bros Cohas traded in a range of $0.00 to $17.38 and are now at $0.00. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.5% while the 200-day MA has slid 0.7%.
Farmer Bros. Co. operates as a coffee foodservice company. The Company roasts, packages, and distributes coffee and allied products to restaurants, hotels, hospitals, convenience stores, and fast food outlets.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Farmer Bros Co shares.Log in and add Farmer Bros Co (FARM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to SmarTrend at cs@mysmartrend.com
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