user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 1053535 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Watch for Continued Gains in Shares of Lear (LEA)

Published on Mon, 07/14/2014 - 15:15
By Peter Chu

Lear (NYSE:LEA) traded at a new 52-week high today of $95.18. This new high was reached on approximately average trading volume as 691,000 shares traded hands, while the average 30-day volume is approximately 684,000 shares.

Lear Corporation provides seating systems, electrical distribution systems and electronic products. Lear also offers its customers design, engineering, validation, and project management support.

In the past 52 weeks, Lear share prices have been bracketed by a low of $63.15 and a high of $95.18 and are now at $94.65, 50% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.0%.

Lear has overhead space with shares priced $94.65, or 4.2% below the average consensus analyst price target of $98.78. The stock should discover initial support at its 50-day moving average (MA) of $88.11 and subsequent support at its 200-day MA of $81.54.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Earnings Flashback: Since Reporting Quar...

When OSI Systems (NASDAQ:OSIS) reported earnings 19 days ago on August 25th, 2014, anal ...

Post Earnings Update: Sanderson Farms Ha...

When Sanderson Farms (NASDAQ:SAFM) reported earnings two weeks ago on August 26th, 2014 ...

Post Earnings Update: Golar LNG Has Clim...

When Golar LNG (NASDAQ:GLNG) reported earnings two weeks ago on August 26th, 2014, anal ...

Bob Evans Farms Earnings Hindsight: Down...

When Bob Evans Farms (NASDAQ:BOBE) reported earnings 18 days ago on August 26th, 2014, ...

Smith & Wesson Earnings Hindsight: Down ...

18 days ago, on August 26th, 2014, Smith & Wesson (NASDAQ:SWHC) reported its earnings. ...

Prospect Capital Earnings Review: 19 Day...

19 days ago, on August 25th, 2014, Prospect Capital (NASDAQ:PSEC) reported its earnings ...

Seadrill Earnings Hindsight: Down 15.7% ...

Two weeks ago on August 27th, 2014 Seadrill (NYSE:SDRL) reported earnings and analysts, ...

Earnings Flashback: Since Reporting Quar...

When Movado (NYSE:MOV) reported earnings two weeks ago on August 26th, 2014, analysts, ...