Shares of Finish Line Receive a Boost, Up 1.8%

Published on Thu, 03/26/2015 - 10:38
By Peter Chu in Market movers, FINL, finish line, market movers, nasdaq:finl

Up 1.8% to $23.85, Finish Line (NASDAQ:FINL), is one of today's notable movers. The Dow Jones Industrial Average is now trading 0.3% lower to 17,675 and the S&P is trading 0.3% lower to 2,056.

In the past 52 weeks, shares of Finish Line have traded between a low of $22.40 and a high of $31.90 and are now at $23.85, which is 6% 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 slid 0.3%.

There is potential upside of 12.7% for shares of Finish Line based on a current price of $23.85 and an average consensus analyst price target of $26.88. The stock should run into initial resistance at its 50-day moving average (MA) of $24.00 and subsequent resistance at its 200-day MA of $26.64.

The Finish Line, Inc. is a specialty retailer of men's, women's and children's brand name athletic and leisure footwear, activewear, and accessories. Brand names carried by the Company include Nike, Reebok, K-Swiss, And 1, Asics, adidas, Timberland, New Balance, Saucony, Skechers, and Converse.

By Peter Chu
pchu@fnno.com

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