Stock Investors Bid Up Shares of Beam, Up 1.6%

Published on Thu, 03/14/2013 - 12:41
By Mallory Stone in Market movers, BEAM, beam, market movers, nyse:beam

One of today's stocks on the move is Beam (NYSE:BEAM), up 1.6% to $62.55. The S&P is trading higher by 0.4% to 1,561 and the Dow is trading 0.4% higher to 14,518.

There is potential upside of 4.7% for shares of Beam based on a current price of $62.55 and an average consensus analyst price target of $65.50. Beam shares have support at the 50-day moving average (MA) of $61.26 and additional support at the 200-day MA of $59.66.

In the past 52 weeks, shares of Beam have traded between a low of $52.69 and a high of $64.00 and are now at $62.55, which is 19% above that low price. The 200-day and 50-day moving averages have moved 0.13% higher and 0.09% higher over the past week, respectively.

Beam, Inc. owns and distributes liquor brands. The Company markets bourbon, liqueur, rye, vodka, scotch, rum, gin, brandy, cognac, cordials, tequila, and sherry worldwide.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Con-way is Among the Companies in the Tr...

Here are the top 5 stocks in the Trucking industry ranked by performance. We compiled ...

Top 5 Companies in the Thrifts & Mortgag...

Here are the top 5 stocks in the Thrifts & Mortgage Finance industry ranked by performa ...

VASCO Data Security International has th...

Below are the top five companies in the Systems Software industry as measured by relati ...

U.S. Steel has the Best Relative Perform...

We looked at the Steel industry and measured relative performance to find the top stock ...

Relatively Good Performance Detected in ...

Here are the top 5 stocks in the Specialty Stores industry ranked by performance. We c ...

Possible Bearish Inside Day Candle Patte...

Analysts have spotted a possible bearish inside day candle pattern in MoSys (NASDAQ:MOS ...

Best Relative Performance in the Special...

We looked at the Specialized REITs industry and measured relative performance to find t ...

Best Relative Performance in the Special...

We looked at the Specialized Consumer Services industry and measured relative performan ...