Shares of Cintas Rise Above Previous 52-Week High

Published on Tue, 02/24/2015 - 15:37
By Robert Cotter in 52 Week high-lows, CTAS, 52 week high/lows, cintas, nasdaq:ctas

Cintas (NASDAQ:CTAS) traded today at a new 52-week high of $83.25. Approximately 204,000 shares have changed hands today, as compared to an average 30-day volume of 784,000 shares.

Cintas designs, manufactures and implements corporate identity uniform programs. The Company also provides entrance mats, restroom supplies, promotional products, document management, fire protection, and first aid and safety services.

Cintas share prices have moved between a 52-week high of $83.25 and a 52-week low of $55.65 and are now trading 49% above that low price at $83.10 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.7%.

Cintas (NASDAQ:CTAS) is currently priced 2.2% above its average consensus analyst price target of $81.25. The stock should find initial support at its 50-day moving average (MA) of $78.51 and further support at its 200-day MA of $69.39.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Wolverine World Wide Looks to Continue t...

Wolverine World Wide (NYSE:WWW) traded today at a new 52-week high of $32.42. Approxim ...

Recent 52-Week Low Surpassed in Shares o...

Windstream (NASDAQ:WIN) traded at a new 52-week low today of $7.36. So far today appro ...

Verint Systems: The Winning Streak Conti...

Shares of Verint Systems (NASDAQ:VRNT) traded today at $63.48, breaking its 52-week hig ...

Watch for Continued Losses in Shares of ...

Shares of Vivo Participacoes (NYSE:VIV) traded today at $14.66, breaking its 52-week lo ...

Shares of Vascular Solutions Have Risen ...

Vascular Solutions (NASDAQ:VASC) traded at a new 52-week high today of $31.35. Approxi ...

Titan International: The Losing Streak C...

Shares of Titan International (NYSE:TWI) traded at a new 52-week low today of $8.77. T ...

Tim Participacoes: The Losing Streak Con...

Shares of Tim Participacoes (NYSE:TSU) traded today at $16.29, breaking its 52-week low ...

Tidewater: The Losing Streak Continues (...

Tidewater (NYSE:TDW) traded today at a new 52-week low of $19.75. So far today approxi ...