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Stock Investors Bid Up Shares of Zumiez, Up 1.7%

Published on Thu, 01/17/2013 - 13:22
By Mallory Stone

Zumiez (NASDAQ:ZUMZ) is a company whose shares are active, trading 1.7% higher to $21.41. The Dow Jones Industrial Average is now trading 0.7% higher to 13,603 and the S&P is trading 0.6% higher to 1,482.

Zumiez has overhead space with shares priced $21.41, or 5.0% below the average consensus analyst price target of $22.54. Zumiez shares should encounter resistance at the 200-day moving average (MA) of $30.07 and support at the 50-day MA of $20.27.

Zumiez Inc., is a specialty retailer of action sports related apparel, footwear, equipment, and accessories.

Zumiez share prices have moved between a 52-week high of $41.96 and a 52-week low of $15.85 and are now trading 35% above that low price at $21.41 per share. The 200-day and 50-day moving averages have moved 0.79% lower and 0.47% lower over the past week, respectively.

By Mallory Stone
mstone@fnno.com