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Liberty Media Looks to Continue to Trade Above its Annual-High Share Price Today

Published on Wed, 02/13/2013 - 15:20
By Adrienne Chilton

Shares of Liberty Media (NASDAQ:LINTA) traded at a new 52-week high today of $21.85. So far today approximately 2.8 million shares have been exchanged, as compared to an average 30-day volume of 2.8 million shares.

Over the past year, Liberty Media has traded in a range of $15.93 to $21.85 and is now at $21.63, 36% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.

Liberty Media Corp - Interactive is a tracking stock issued by Liberty Media Corporation to track the performance of the Interactive group. The Interactive groups interests include home and Internet shopping online travel.

Liberty Media has overhead space with shares priced $21.63, or 8.0% below the average consensus analyst price target of $23.50. Liberty Media shares have support at the 50-day moving average (MA) of $20.28 and additional support at the 200-day MA of $18.86.

By Adrienne Chilton