UBS (NYSE:UBS) traded at a new 52-week high today of $16.43. Approximately 1.9 million shares have changed hands today, as compared to an average 30-day volume of 3.7 million shares.
UBS share prices have moved between a 52-week high of $16.43 and a 52-week low of $9.78 and are now trading 67% above that low price at $16.34 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 0.2%.
UBS AG is a wealth management, investment banking, and asset management firm. The Company provides a variety of financial services to individuals, institutions, corporations, governments, and financial intermediaries around the world.
UBS has overhead space with shares priced $16.34, or 5.0% below the average consensus analyst price target of $17.20. The stock should find initial support at its 50-day moving average (MA) of $13.99 and further support at its 200-day MA of $12.62.