Ulta Salon Cosmetics & Fragrance shares are trading on heavy volume today, having fallen 11.3% to $88.25. Approximately 5.3 million shares have changed hands today vs. average 30-day volume of 651,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.
In the past 52 weeks, Ulta Salon Cosmetics & Fragrance share prices have been bracketed by a low of $32.01 and a high of $103.52 and are now at $88.25, 176% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.
Ulta Salon, Cosmetics & Fragrance, Inc. sells cosmetics, fragrances, skin and hair care products, appliances, and accessories. The Company also offers hair salon services, manicures, pedicures, massages, and other beauty & spa treatments.
Ulta Salon Cosmetics & Fragrance has overhead space with shares priced $88.25, or 22.8% below the average consensus analyst price target of $114.25. The stock should find initial resistance at its 200-day moving average (MA) of $93.49 and further resistance at its 50-day MA of $97.54.