Shares of Ryanair Holdings Receive a Boost, Up 1.2%

Published on Wed, 02/13/2013 - 11:33
By Robert Cotter in Market movers, RYAAY, market movers, nasdaq:ryaay, ryanair holdings

Ryanair Holdings (NASDAQ:RYAAY) is one of today's notable stocks on the rise, up 1.2% to $40.97. The S&P is trading fractionally higher to 1,522 and the Dow is trading fractionally lower to 13,998.

Ryanair Holdings PLC provides low fare passenger airline services to destinations in Europe.

In the past 52 weeks, shares of Ryanair Holdings have traded between a low of $23.87 and a high of $41.66 and are now at $40.97, which is 72% above that low price. The 200-day and 50-day moving averages have moved 0.34% higher and 0.99% higher over the past week, respectively.

Ryanair Holdings (NASDAQ:RYAAY) has potential upside of 15.9% based on a current price of $40.97 and analysts' consensus price target of $47.50. The stock should find initial support at its 50-day moving average (MA) of $37.13 and further support at its 200-day MA of $33.09.

By Robert Cotter
rcotter@fnno.com

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