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PEP Boys Shares Climbing Higher, Up 1.4%

Published on Wed, 03/06/2013 - 11:27
By Adrienne Chilton

PEP Boys (NYSE:PBY), a company whose shares are moving quickly, is trading 1.4% higher to $11.14. The Dow is up 0.3% to 14,293 and the S&P is currently trading fractionally higher to 1,542.

The Pep Boys - Manny, Moe & Jack retails automotive parts and accessories, provides automotive maintenance and service, and installs parts. The Company operates PEP BOYS stores in the United States and Puerto Rico.

PEP Boys (NYSE:PBY) defies analysts with a current price ($11.14) 1.3% above its average consensus price target of $11.00. The stock should find initial support at its 50-day moving average (MA) of $10.72 and further support at its 200-day MA of $10.07.

In the past 52 weeks, PEP Boys share prices have been bracketed by a low of $8.31 and a high of $15.12 and are now at $11.14, 34% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

By Adrienne Chilton
achilton@fnno.com

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