user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 422607 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Volume Spike Detected in Shares of KKR & Co as They Move Higher on 1.7x Above-Average Volume (KKR)

Published on Tue, 01/15/2013 - 14:10
By Peter Chu

Shares of KKR & Co are trading today in above average volume, with the share price rising 2.3% to $16.65. About 3.1 million shares have been traded today, as compared to the 30-day average volume of 1.8 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

KKR & Co (NYSE:KKR) has potential upside of 8.3% based on a current price of $16.65 and analysts' consensus price target of $18.02. KKR & Co shares have support at the 50-day moving average (MA) of $14.56 and additional support at the 200-day MA of $13.96.

KKR & Co. L.P. is a global alternative asset manager. The Company operates private equity funds that take either controlling or strategic minority ownership positions for long-term appreciation, invests in leveraged loans, high-yield bonds and less liquid credit products, and, on behalf of portfolio companies, arranges equity and debt financing and offers capital market advice.

In the past 52 weeks, shares of KKR & Co have traded between a low of $11.03 and a high of $17.06 and are now at $16.65, which is 51% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.2%.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Recent 52-Week High Exceeded in Shares o...

Shares of Washington Real Estate Investment Trust (NYSE:WRE) traded at a new 52-week hi ...

Shares of WR Berkley Rise Above Previous...

WR Berkley (NYSE:WRB) traded at a new 52-week high today of $48.01. Approximately 221, ...

Shares of WPX Energy Rise Above Previous...

WPX Energy (NYSE:WPX) traded at a new 52-week high today of $25.05. This new high was ...

WP Carey Looks to Continue to Trade Abov...

WP Carey (NYSE:WPC) traded today at a new 52-week high of $69.12. Approximately 185,00 ...

Recent 52-Week High Exceeded in Shares o...

VCA Antech (NASDAQ:WOOF) traded today at a new 52-week high of $39.57. This new high w ...

Waste Management: 52-Week High Recently ...

Shares of Waste Management (NYSE:WM) traded today at $46.92, breaking its 52-week high. ...

Recent 52-Week High Exceeded in Shares o...

Shares of Vector Group (NYSE:VGR) traded at a new 52-week high today of $23.20. So far ...

Recent 52-Week High Exceeded in Shares o...

Union Pacific (NYSE:UNP) traded at a new 52-week high today of $106.30. Approximately ...