hhgregg (NYSE:HGG), a company whose shares are moving quickly, is trading 2.8% higher to $7.37. The S&P is currently trading fractionally higher to 1,409 and the Dow Jones Industrial Average is trading fractionally higher to 12,986.
In the past 52 weeks, hhgregg share prices have been bracketed by a low of $5.84 and a high of $16.65 and are now at $7.37, 26% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 1%.
hhgregg (NYSE:HGG) has potential upside of 13.3% based on a current price of $7.37 and analysts' consensus price target of $8.35. The stock should run into initial resistance at its 50-day moving average (MA) of $7.48 and subsequent resistance at its 200-day MA of $9.16.
hhgregg, Inc. retails video products, brand name appliances, audio products and accessories.