• Return to Headlines

Aerovironment In: 52-Week High Recently Eclipsed (AVAV)

By Nick Russo

Aerovironment In (NASDAQ:AVAV) traded at a new 52-week high today of $109.89. This new high was reached on below average trading volume as 78,000 shares traded hands, while the average 30-day volume is approximately 290,000 shares.

Aerovironment Inc. designs, develops, produces and supports small unmanned aircraft systems, and fast charge systems for electric industrial vehicle batteries.

Based on a current price of $109.89, Aerovironment In is currently 51.5% above its average consensus analyst price target of $53.25. Aerovironment In shares have support at the 50-day moving average (MA) of $80.95 and additional support at the 200-day MA of $60.38.

Over the past year, Aerovironment In has traded in a range of $41.53 to $109.89 and is now at $109.89, 165% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.8% while the 200-day MA has risen 1.6%.

SmarTrend recommended that subscribers consider buying shares of Aerovironment In on June 27th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $61.87. Since that recommendation, shares of Aerovironment In have risen 74.8%. We continue to monitor AVAV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows aerovironment in

Ticker(s): AVAV