Netflix Inc: 52-Week High Recently Eclipsed (NFLX)

Published on Wed, 09/26/2012 - 10:33
By FNNO Staff in analysis, business finance, fnno, market, news, nyse: rsh, stock, trading
52 week high/lows, nasdaq:nflx, netflix inc

Netflix Inc (NASDAQ:NFLX) traded today at a new 52-week high of $215.80. So far today approximately 1.9 million shares have been exchanged, as compared to an average 30-day volume of 14.6 million shares.

In the past 52 weeks, shares of Netflix Inc have traded between a low of $84.50 and a high of $215.80 and are now at $215.40, which is 155% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has remained constant.

Netflix Inc (NASDAQ:NFLX) has potential upside of 0.2% based on a current price of $215.40 and analysts' consensus price target of $215.83. Netflix Inc shares have support at the 200-day moving average (MA) of $106.20 and additional support at the 50-day MA of $98.99.

Netflix Inc. is an Internet subscription service for watching television shows and movies. Subscribers can instantly watch unlimited television shows and movies streamed over the Internet to their televisions, computers, and mobile devices and in the United States, subscribers can receive standard definition DVDs and Blu-ray Discs delivered to their homes.

By FNNO Staff

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