Shares of Moody's (NYSE:MCO) traded today at $105.71, breaking its 52-week high. This new high was reached on below average trading volume as 542,000 shares traded hands, while the average 30-day volume is approximately 1.1 million shares.
In the past 52 weeks, shares of Moody's have traded between a low of $74.36 and a high of $105.71 and are now at $104.59, which is 41% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.3%.
Moody's Corporation is a credit rating, research, and risk analysis firm. The Company provides credit ratings and related research, data and analytical tools, quantitative credit risk measures, risk scoring software, and credit portfolio management solutions and securities pricing software and valuation models.
Potential upside of 4.2% exists for Moody's, based on a current level of $104.59 and analysts' average consensus price target of $109.00. Moody's shares have support at the 50-day moving average (MA) of $97.40 and additional support at the 200-day MA of $94.68.