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Stock Investors Bid Up Shares of AAON, Up 2.8%

Published on Tue, 07/01/2014 - 11:07
By Mallory Stone

AAON (NASDAQ:AAON) is one of today's biggest movers, up 2.8% to $34.47. The S&P is trading higher by 0.6% to 1,972 and the Dow is trading 0.7% higher to 16,947.

There is potential upside of 7.3% for shares of AAON based on a current price of $34.47 and an average consensus analyst price target of $37.00. AAON shares have support at the 50-day moving average (MA) of $30.99 and additional support at the 200-day MA of $29.28.

In the past 52 weeks, AAON share prices have been bracketed by a low of $21.31 and a high of $34.51 and are now at $34.47, 62% above that low price. The 200-day and 50-day moving averages have moved 0.41% higher and 1.36% higher over the past week, respectively.

AAON, Inc. designs, manufactures, and markets commercial rooftop air-conditioning, heating and heat recovery equipment, and air-conditioning coils. The Company's products serve the commercial and industrial new construction and replacement markets.

By Mallory Stone
mstone@fnno.com

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