LMI Aerospace Shares Climbing Higher, Up 1.8%

Published on Mon, 02/25/2013 - 11:26
By Mallory Stone in Market movers, LMIA, lmi aerospace, market movers, nasdaq:lmia

Up 1.8% to $23.04, LMI Aerospace (NASDAQ:LMIA), is one of today's notable movers. The S&P is currently trading fractionally higher to 1,517 and the Dow Jones Industrial Average is trading fractionally higher to 14,009.

Potential upside of 27.3% exists for LMI Aerospace, based on a current level of $23.04 and analysts' average consensus price target of $29.33. The stock should discover initial support at its 50-day moving average (MA) of $20.75 and subsequent support at its 200-day MA of $19.23.

Over the past year, LMI Aerospace has traded in a range of $14.97 to $23.20 and is now at $23.04, 54% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.7%.

LMI Aerospace, Inc. fabricates, machines, finishes, and integrates formed, close tolerance aluminum and specialty alloy components for use by the aerospace industry. The Company's components include leading edge wing slats, flaps, lens assemblies, cockpit window frame assemblies, fuselage skins and supports, and passenger and cargo door frames and supports.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Quiksilver: The Losing Streak Continues ...

Shares of Quiksilver (NYSE:ZQK) traded at a new 52-week low today of $2.86. This new l ...

National Fuel Gas's Shares Changing Hand...

National Fuel Gas shares are trading on heavy volume today, having risen 0.2% to $69.02 ...

Shares of EXCO Resources Fall to a New 5...

Shares of EXCO Resources (NYSE:XCO) traded at a new 52-week low today of $4.45. This n ...

Shares of National Grid Are Moving Lower...

National Grid's stock is down 1.9% to $70.40 on heavy trading volume. Approximately 55 ...

Watch for Continued Gains in Shares of U...

U.S. Steel (NYSE:X) traded today at a new 52-week high of $34.73. So far today approxi ...

Volume Spike Detected in Shares of Rovi ...

Shares of Rovi are trading today in above average volume, with the share price falling ...

Web.com Group Inc: New 52-Week Low Set T...

Web.com Group Inc (NASDAQ:WWWW) traded today at a new 52-week low of $19.36. So far to ...

Shares of Torchmark Have Fallen Below Pr...

Torchmark (NYSE:TMK) traded today at a new 52-week low of $52.05. This new low was rea ...