Accuride (NASDAQ:ACW), a company whose shares are moving quickly, is trading 2.7% higher to $5.03. The S&P is trading fractionally lower to 1,591 and the Dow is trading 0.2% lower to 14,781.
In the past 52 weeks, shares of Accuride have traded between a low of $2.21 and a high of $7.40 and are now at $5.03, which is 128% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 1.0%.
Accuride Corp. manufactures and supplies commercial vehicle components in North America. The Company's products include commercial vehicle wheels, wheel-end components and assemblies, truck body and chassis parts, seating assemblies and other commercial vehicle components.
Accuride has overhead space with shares priced $5.03, or 8.5% below the average consensus analyst price target of $5.50. The stock should find initial support at its 50-day moving average (MA) of $4.75 and further support at its 200-day MA of $4.19.