TMCnet News

Hot Stock: Empresas ICA SAB de CV, Shares Gain 3.5% (ICA)
[October 24, 2011]

Hot Stock: Empresas ICA SAB de CV, Shares Gain 3.5% (ICA)


Oct 24, 2011 (SmarTrend(R) Spotlight via COMTEX) -- Empresas ICA SAB de CV (NYSE:ICA) is one of today's best performing low-priced stocks, up 3.5% to $4.47 on 0.8x average daily volume.Thus far today, Empresas ICA SAB de CV has traded 264,000 shares, vs. average volume of 330,000 shares per day. The company traded 166,000 shares yesterday. Over the past year, Empresas ICA SAB de CV has traded in a range of $3.79 to $11.42 and is now at $4.47, 18% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.8% while the 50-day MA has declined 2.6%.



Empresas ICA S.A.B. de C.V. offers engineering and construction services. The Company builds dams, highways, airports, office buildings, shopping centers, manufacturing facilities, and housing projects, operates water distribution and treatment systems, highways, and parking facilities, mines aggregates, operates ports, and builds grain storage systems.

SmarTrend recommended that its subscribers protect gains by selling shares of Empresas ICA SAB de CV on July 12th, 2011 by issuing a Downtrend alert when the shares were trading at $8.76. Since that call, shares of Empresas ICA SAB de CV have fallen 50.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.


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 ]