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Crown Holdings: The Winning Streak Continues (CCK)

By Shiri Gupta

Crown Holdings (NYSE:CCK) traded today at a new 52-week high of $57.49. Approximately 556,000 shares have changed hands today, as compared to an average 30-day volume of 958,000 shares.

Crown Holdings (NYSE:CCK) has potential upside of 2.7% based on a current price of $56.74 and analysts' consensus price target of $58.30. Crown Holdings shares have support at the 50-day moving average (MA) of $49.95 and additional support at the 200-day MA of $49.50.

Crown Holdings share prices have moved between a 52-week high of $57.49 and a 52-week low of $43.30 and are now trading 31% above that low price at $56.74 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.3%.

Crown Holdings, Inc. designs, manufactures, and sells packaging products for consumer goods through plants located in countries around the world. The Company's primary products include steel and aluminum cans for food, beverage, household, and other consumer products. Crown also provides a variety of metal caps, closures, and dispensing systems.

SmarTrend is tracking the current trend status for Crown Holdings and will alert subscribers who have CCK in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows crown holdings

Ticker(s): CCK