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Shares of TRW Automotive Have Risen Above Previous 52-Week High

Published on Mon, 01/28/2013 - 15:33
By Peter Chu

Shares of TRW Automotive (NYSE:TRW) traded at a new 52-week high today of $58.98. Approximately 577,000 shares have changed hands today, as compared to an average 30-day volume of 934,000 shares.

TRW Automotive Holdings Corp. supplies automotive systems, modules, and components to global automotive vehicle manufacturers and related aftermarkets. The Company's products include active and passive safety related products. TRW's products are primarily used in the manufacture of light vehicles.

TRW Automotive has overhead space with shares priced $58.38, or 9.9% below the average consensus analyst price target of $64.80. The stock should find initial support at its 50-day moving average (MA) of $52.34 and further support at its 200-day MA of $44.64.

In the past 52 weeks, shares of TRW Automotive have traded between a low of $33.23 and a high of $58.98 and are now at $58.38, which is 76% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has risen 0.5%.

By Peter Chu
pchu@fnno.com