Recent 52-Week High Exceeded in Shares of Constellation Brands (STZ)

Published on Thu, 02/19/2015 - 16:09
By Adrienne Chilton in 52 Week high-lows, STZ, 52 week high/lows, constellation brands, nyse:stz

Shares of Constellation Brands (NYSE:STZ) traded at a new 52-week high today of $115.01. So far today approximately 371,000 shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.

Constellation Brands, Inc. produces and markets beverage alcohol in North America, Europe, and Australia, and New Zealand. The Company has a portfolio of brands across the wine, imported beer, and distilled spirits categories. Constellation conducts its business through wholly owned subsidiaries as well as through a variety of joint ventures with various other entities.

There is potential upside of 5.3% for shares of Constellation Brands based on a current price of $114.85 and an average consensus analyst price target of $120.93. The stock should find initial support at its 50-day moving average (MA) of $104.49 and further support at its 200-day MA of $91.38.

Over the past year, Constellation Brands has traded in a range of $76.26 to $115.01 and is now at $114.85, 51% above that low. 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%.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Watch for Continued Losses in Shares of ...

Vivo Participacoes (NYSE:VIV) traded today at a new 52-week low of $14.57. Approximate ...

Shares of US Energy Wyoming Have Fallen ...

Shares of US Energy Wyoming (NASDAQ:USEG) traded today at $1.01, breaking its 52-week l ...

Time Warner Cable Looks to Continue to T...

Shares of Time Warner Cable (NYSE:TWC) traded at a new 52-week high today of $172.21. ...

Toro: The Winning Streak Continues (TTC)...

Toro (NYSE:TTC) traded at a new 52-week high today of $70.59. Approximately 183,000 sh ...

Tsakos Energy Navigation Looks to Contin...

Tsakos Energy Navigation (NYSE:TNP) traded today at a new 52-week high of $10.05. So f ...

Watch for Continued Gains in Shares of T...

Teekay Tankers (NYSE:TNK) traded at a new 52-week high today of $7.30. Approximately 2 ...

Torchmark Looks to Continue to Trade Abo...

Torchmark (NYSE:TMK) traded today at a new 52-week high of $58.16. This new high was r ...

Shares of TreeHouse Foods Fall Below Pre...

TreeHouse Foods (NYSE:THS) traded today at a new 52-week low of $69.53. This new low w ...