Beam (NYSE:BEAM) is a company whose shares are active, trading 1.9% lower to $60.25. The Dow is down 0.4% to 13,089 and the S&P is currently down 0.6% to 1,418.
Beam, Inc. owns and distributes liquor brands. The Company markets bourbon, liqueur, rye, vodka, scotch, rum, gin, brandy, cognac, cordials, tequila, and sherry worldwide.
In the past 52 weeks, Beam share prices have been bracketed by a low of $49.74 and a high of $64.00 and are now at $60.25, 21% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.
Beam (NYSE:BEAM) has potential upside of 5.7% based on a current price of $60.25 and analysts' consensus price target of $63.67. The stock should discover initial support at its 200-day moving average (MA) of $58.66 and subsequent support at its 50-day MA of $57.04.