May 14, 2013 (52 Week high-lows via COMTEX) -- Eagle Materials (NYSE:EXP) traded at a new 52-week high today of $72.32. So far today approximately 649,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
Over the past year, Eagle Materials has traded in a range of $29.64 to $72.32 and is now at $72.01, 143% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 0.6%.
Eagle Materials Inc. manufactures and distributes cement, gypsum wallboard, recycled paperboard, and concrete and aggregates. The Company's products are used in the construction of homes, commercial and industrial buildings, and governmental buildings across the United States.
Based on a current price of $72.01, Eagle Materials is currently 6.1% above its average consensus analyst price target of $67.60. Eagle Materials shares have support at the 50-day moving average (MA) of $67.63 and additional support at the 200-day MA of $56.27.
---------------------------------------------------------------------------------------------
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
