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.