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Stock impact report

Spectrum Brands Trades Below 200 & 50-Day SMA: How to Play the Stock? [Yahoo! Finance]

Spectrum Brands Holdings, Inc. (SPB) 
Last spectrum brands holdings, inc. earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
It has been trading below the 200-day and 50-day simple moving averages (SMAs) for quite some time now, suggesting a bearish trend. Currently, at $73.38, SPB remains below its 200-day and 50-day SMAs of $86.95 and $81.72, respectively, indicating a possible sustained downward trend. SPB Trades Below 200 & 50-Day SMA Zacks Investment Research Image Source: Zacks Investment Research Spectrum Brands shares have declined 22.7% in the past three months, compared with the industry's 4.7% decline and the broader Consumer Discretionary sector's 4.2% drop. In the same period, the S&P 500 decreased by 3.9%. SPB Stock's Past Three Month Performance Zacks Investment Research Image Source: Zacks Investment Research Current Pressures on SPB Stock Spectrum Brands is facing financial challenges due to its heavy spending on brand-building, e-commerce and supply chain improvements. While these investments are expected to bolster the company's growth in the long run, they are putting Show less Read more
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