May 13, 2013 (52 Week high-lows via COMTEX) -- Conn's (NASDAQ:CONN) traded today at a new 52-week high of $48.55. Approximately 474,000 shares have changed hands today, as compared to an average 30-day volume of 709,000 shares.
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.
Conn's (NASDAQ:CONN) is currently priced 22.4% above its average consensus analyst price target of $37.57. The stock should find initial support at its 50-day moving average (MA) of $39.59 and further support at its 200-day MA of $29.33.
Over the past year, Conn's has traded in a range of $14.40 to $48.55 and is now at $48.43, 236% above that low. Over the past week, the 200-day moving average (MA) has gone up 2.5% while the 50-day MA has advanced 3.6%.
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