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Shares of ALCO Up 13.5% Since Uptrend Call on Shares

Jul 22, 2021 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Alico Inc (NASDAQ:ALCO) on October 8th, 2020 at $31.29. In approximately 10 months, Alico Inc has returned 13.45% as of today's recent price of $35.50.

In the past 52 weeks, shares of Alico Inc have traded between a low of $22.55 and a high of $38.25 and are now at $35.50, which is 57% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.8%.

Alico, Inc. is involved in various agribusiness activities and operations, including citrus fruit production, cattle ranching, sugarcane and sod production, and forestry. The Company also leases land for farming, cattle grazing, recreation, and oil exploration. Alico conducts operations in Central and Southwest Florida.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Alico Inc shares.Log in and add Alico Inc (ALCO) 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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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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COMTEX_390253833/2476/2021-07-22T13:53:38

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