May 08, 2013 (52 Week high-lows via COMTEX) -- Conn's (NASDAQ:CONN) traded at a new 52-week high today of $45.52. Approximately 423,000 shares have changed hands today, as compared to an average 30-day volume of 700,000 shares.
Over the past year, Conn's has traded in a range of $14.40 to $45.52 and is now at $45.31, 215% above that low. The 200-day and 50-day moving averages have moved 1.47% higher and 2.17% higher over the past week, respectively.
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.
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.
---------------------------------------------------------------------------------------------
Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit http://www.fnno.com today.
Copyright, Comtex News Network, Inc. 2013
