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Shares of Green Mountain Coffee Roasters Receive a Boost, Up 1.7%

Print Share

Dec 10, 2012 (Market movers via COMTEX) -- One of today's notable stocks on the rise is Green Mountain Coffee Roasters (NASDAQ:GMCR), up 1.7% to $38.48. The S&P is currently trading fractionally higher to 1,419 and the Dow Jones Industrial Average is trading fractionally higher to 13,176.

Potential upside of 15.8% exists for Green Mountain Coffee Roasters, based on a current level of $38.48 and analysts' average consensus price target of $44.55. Green Mountain Coffee Roasters shares have support at the 200-day moving average (MA) of $31.83 and additional support at the 50-day MA of $25.58.

Green Mountain Coffee Roasters, Inc. roasts Arabica coffees and offers various coffee selections. The Company's products include single-origin, estate, certified organic, Fair Trade, signature blends, and flavored coffees sold under the Green Mountain Coffee Roasters brand. Green Mountain serves offices, supermarkets, and convenience stores, and operates a direct mail business.

In the past 52 weeks, Green Mountain Coffee Roasters share prices have been bracketed by a low of $17.11 and a high of $115.98 and are now at $38.48, 125% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has slid 1.4%.

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