TMCnet News
Covanta Shares Up 31.9% Since SmarTrend's Buy Recommendation (CVA)Jan 15, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Covanta (NYSE:CVA) on February 1st, 2012 at $14.53. In approximately 12 months, Covanta has returned 31.93% as of today's recent price of $19.17. Over the past year, Covanta has traded in a range of $13.42 to $19.34 and is now at $19.14, 43% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%. Covanta Holding Corporation conducts operations in waste disposal, energy services, and specialty insurance. The Company also owns and operates waste-to-energy and power generation projects. Covanta's waste-to-energy facilities convert municipal solid waste into renewable energy for communities primarily in the United States. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Covanta shares.Log in and add Covanta (CVA) 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 [ Back To TMCnet.com's Homepage ] |