May 08, 2013 (Market movers via COMTEX) -- One of today's notable stocks on the rise is Conn's (NASDAQ:CONN), up 1.6% to $45.31. The S&P is currently trading 0.3% higher to 1,630 and the Dow Jones Industrial Average is trading fractionally higher to 15,069.
In the past 52 weeks, Conn's share prices have been bracketed by a low of $14.40 and a high of $45.52 and are now at $45.31, 215% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.2% while the 200-day MA has risen 1.5%.
Based on a current price of $45.31, Conn's is currently 17.1% above its average consensus analyst price target of $37.57. The stock should discover initial support at its 50-day moving average (MA) of $38.77 and subsequent support at its 200-day MA of $28.90.
Conn's, Inc. is a specialty retailer of home appliances and consumer electronics through stores in Texas and Louisiana, and via its website. Conn's also offers home office equipment, lawn and garden products, and other home products such as bedding.
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