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Shares of Select Comfort Receive a Boost, Up 3.1%

Published on Mon, 07/01/2013 - 11:28
By Mallory Stone

Up 3.1% to $25.82, Select Comfort (NASDAQ:SCSS), is one of today's notable movers. The Dow is up 1.0% to 15,061 and the S&P is currently up 1.1% to 1,624.

Select Comfort (NASDAQ:SCSS) is currently priced 14.8% above its average consensus analyst price target of $22.00. The stock should discover initial support at its 200-day moving average (MA) of $24.36 and subsequent support at its 50-day MA of $22.27.

In the past 52 weeks, shares of Select Comfort have traded between a low of $16.62 and a high of $34.38 and are now at $25.82, which is 55% above that low price. The 200-day and 50-day moving averages have moved 0.63% lower and 2.97% higher over the past week, respectively.

Select Comfort Corporation designs, manufactures, and markets a line of air bed mattresses with adjustable firmness, as well as foundations and accessories. The Company's products are sold through retail stores located across the United States and through its national direct marketing operations.

By Mallory Stone
mstone@fnno.com