Ryanair Holdings: The Winning Streak Continues (RYAAY)

Published on Wed, 02/06/2013 - 15:14
By Mallory Stone in 52 Week high-lows, RYAAY, 52 week high/lows, nasdaq:ryaay, ryanair holdings

Shares of Ryanair Holdings (NASDAQ:RYAAY) traded today at $40.81, breaking its 52-week high. So far today approximately 469,000 shares have been exchanged, as compared to an average 30-day volume of 435,000 shares.

In the past 52 weeks, Ryanair Holdings share prices have been bracketed by a low of $23.87 and a high of $40.81 and are now at $40.71, 71% above that low price. The 200-day and 50-day moving averages have moved 0.26% higher and 1.06% higher over the past week, respectively.

Ryanair Holdings PLC provides low fare passenger airline services to destinations in Europe.

Potential upside of 16.7% exists for Ryanair Holdings, based on a current level of $40.71 and analysts' average consensus price target of $47.50. The stock should discover initial support at its 50-day moving average (MA) of $36.50 and subsequent support at its 200-day MA of $32.91.

By Mallory Stone
mstone@fnno.com

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