Acuity Brands: 52-Week High Recently Eclipsed (AYI)
Shares of Acuity Brands (NYSE:AYI) traded at a new 52-week high today of $270.00. Approximately 61,000 shares have changed hands today, as compared to an average 30-day volume of 794,000 shares.
In the past 52 weeks, Acuity Brands share prices have been bracketed by a low of $168.08 and a high of $270.00 and are now at $269.77, 61% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.7%.
Acuity Brands, Inc. manufactures and sells lighting equipment and chemicals. The Company provides indoor and outdoor lighting equipment for commercial, industrial, outdoor, and residential applications. Acuity also provides a range of chemical products, including industrial and institutional maintenance and sanitation products, pest control products, and lawn and garden products.
Acuity Brands (NYSE:AYI) is currently priced 11.6% above its average consensus analyst price target of $238.44. The stock should find initial support at its 50-day moving average (MA) of $232.44 and further support at its 200-day MA of $212.19.
SmarTrend is monitoring the recent change of momentum in Acuity Brands. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Acuity Brands in search of a potential trend change.
Keywords: 52 week high/lows acuity brands