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Stock Investors Bid Up Shares of Finish Line, Up 1.4%

Published on Thu, 03/14/2013 - 10:23
By Peter Chu

Finish Line (NASDAQ:FINL) is a company whose shares are active, trading 1.4% higher to $18.79. The Dow Jones Industrial Average is now trading 0.4% higher to 14,514 and the S&P is trading 0.4% higher to 1,560.

The Finish Line, Inc. is a specialty retailer of men's, women's and children's brand name athletic and leisure footwear, activewear, and accessories. Brand names carried by the Company include Nike, Reebok, K-Swiss, And 1, Asics, adidas, Timberland, New Balance, Saucony, Skechers, and Converse.

Finish Line (NASDAQ:FINL) has potential upside of 2.3% based on a current price of $18.79 and analysts' consensus price target of $19.22. Finish Line shares should encounter resistance at the 200-day moving average (MA) of $20.29 and support at the 50-day MA of $18.18.

Finish Line share prices have moved between a 52-week high of $26.16 and a 52-week low of $16.87 and are now trading 11% above that low price at $18.79 per share. The 200-day and 50-day moving averages have moved 0.26% lower and 0.04% lower over the past week, respectively.

By Peter Chu
pchu@fnno.com