Buyers Accumulate Shares of Avon Products, Up 4.0%

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Jan 02, 2013 (Market movers via COMTEX) -- Avon Products (NYSE:AVP) is a company whose shares are active, trading 4.0% higher to $14.94. The Dow Jones Industrial Average is now trading 1.7% higher to 13,323 and the S&P is trading 1.7% higher to 1,450.

Avon Products (NYSE:AVP) has potential upside of 12.7% based on a current price of $14.94 and analysts' consensus price target of $16.83. The stock should hit resistance at its 200-day moving average (MA) of $16.72, as well as support at its 50-day MA of $14.63.

Avon Products, Inc. manufactures and direct sells beauty and related products. The Company markets its products to consumers worldwide through independent sales representatives. Avon's product line includes beauty, fashion and home.

Avon Products share prices have moved between a 52-week high of $23.58 and a 52-week low of $13.70 and are now trading 9% above that low price at $14.94 per share. The 200-day and 50-day moving averages have moved 0.54% lower and 1.66% lower over the past week, respectively.

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