hhgregg: The Winning Streak Continues (HGG)

Published on Fri, 09/20/2013 - 14:16
By Mallory Stone in 52 Week high-lows, hgg, 52 week high/lows, hhgregg, nyse:hgg

hhgregg (NYSE:HGG) traded today at a new 52-week high of $20.75. This new high was reached on below average trading volume as 103,000 shares traded hands, while the average 30-day volume is approximately 313,000 shares.

In the past 52 weeks, shares of hhgregg have traded between a low of $5.84 and a high of $20.75 and are now at $20.36, which is 249% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.1% while the 200-day MA has risen 2.0%.

hhgregg (NYSE:HGG) defies analysts with a current price ($20.36) 37.5% above its average consensus price target of $12.72. The stock should discover initial support at its 50-day moving average (MA) of $17.24 and subsequent support at its 200-day MA of $13.00.

hhgregg, Inc. retails video products, brand name appliances, audio products and accessories.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

XL Capital Looks to Continue to Trade Ab...

Shares of XL Capital (NYSE:XL) traded today at $35.52, breaking its 52-week high. So f ...

Skechers U.S.A. Makes a Move: Up 1.3%...

Skechers U.S.A. (NYSE:SKX) is one of today's biggest movers, up 1.3% to $54.10. The Do ...

Deckers Outdoor Shares Sinking Lower, Do...

Deckers Outdoor (NASDAQ:DECK) is one of today's biggest movers, down 1.3% to $89.57. T ...

Verizon Communications: The Winning Stre...

Verizon Communications (NYSE:VZ) traded at a new 52-week high today of $53.66. So far ...

Stock Investors Sell Off Shares of Shutt...

Shutterfly (NASDAQ:SFLY), a company whose shares are moving quickly, is trading 1.3% lo ...

Watch for Continued Gains in Shares of U...

Shares of Universal Health Services (NYSE:UHS) traded today at $110.43, breaking its 52 ...

Stock Investors Sell Off Shares of Lulul...

Lululemon Athletica (NASDAQ:LULU) is a company whose shares are active, trading 1.3% lo ...

Shares of UDR Have Risen Above Previous ...

Shares of UDR (NYSE:UDR) traded at a new 52-week high today of $29.36. This new high w ...