Mattel (NYSE:MAT) traded today at a new 52-week high of $41.78. So far today approximately 1.1 million shares have been exchanged, as compared to an average 30-day volume of 3 million shares.
Mattel (NYSE:MAT) has potential upside of 5.6% based on a current price of $41.65 and analysts' consensus price target of $44.00. The stock should discover initial support at its 50-day moving average (MA) of $38.81 and subsequent support at its 200-day MA of $35.83.
In the past 52 weeks, shares of Mattel have traded between a low of $30.15 and a high of $41.78 and are now at $41.65, which is 38% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.8%.
Mattel, Inc. designs, manufactures, and markets a broad variety of children's products on a worldwide basis. The Company sells its products to retailers and directly to consumers. Mattel's products include branded fashion dolls, infant and preschool products, toy cars, and electrical vehicles, among others.