Newell Rubbermaid shares are trading on heavy volume today, having risen 0.2% to $21.98. Approximately 3.9 million shares have changed hands today vs. average 30-day volume of 3.0 million shares. Spikes in volume can validate a breakout or signify a potential turning point.
In the past 52 weeks, shares of Newell Rubbermaid have traded between a low of $15.85 and a high of $22.49 and are now at $21.98, which is 39% above that low price. The 200-day and 50-day moving averages have moved 0.34% higher and 0.65% higher over the past week, respectively.
There is potential upside of 11.9% for shares of Newell Rubbermaid based on a current price of $21.98 and an average consensus analyst price target of $24.59. Newell Rubbermaid shares have support at the 50-day moving average (MA) of $21.14 and additional support at the 200-day MA of $18.84.
Newell Rubbermaid Inc. manufactures and markets branded consumer products which are sold through a variety of retail and wholesale distribution channels. The Company's products include housewares, juvenile products, home furnishings, office products, tools and hardware, and hair accessories.