Cabela's Shares Climbing Higher, Up 1.9%

Published on Wed, 01/11/2012 - 13:12
By Mallory Stone in Market movers, CAB, cabela's, market movers, nyse:cab

Cabela's (NYSE:CAB) is a company whose shares are active, trading 1.9% higher to $25.40. The S&P is trading fractionally lower to 1,289 and the Dow is trading 0.3% lower to 12,421.

In the past 52 weeks, shares of Cabela's have traded between a low of $19.12 and a high of $32.37 and are now at $25.40, which is 33% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has remained constant.

Cabela's has overhead space with shares priced $25.40, or 12.0% below the average consensus analyst price target of $28.86. Cabela's shares have support at the 50-day moving average (MA) of $24.65 and additional support at the 200-day MA of $24.42.

Cabela's Incorporated retails hunting, fishing, camping, and outdoor sports products and apparel. The Company markets its products through its retail stores, website, and catalog. Cabela's retail stores also offer in-house clinics associated with hunting, fishing, and camping.

By Mallory Stone
mstone@fnno.com

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