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Dr Pepper Snapple: 52-Week High Recently Eclipsed (DPS)

By Amy Schwartz

Shares of Dr Pepper Snapple (NYSE:DPS) traded at a new 52-week high today of $98.40. Approximately 118,000 shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares.

Over the past year, Dr Pepper Snapple has traded in a range of $72.00 to $98.40 and is now at $98.09, 36% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained constant.

Dr Pepper Snapple Group, Inc. is an integrated brand owner, bottler and distributor of non-alcoholic beverages in the United States, Canada and Mexico. The Company offers flavored carbonated and non-carbonated soft drinks, teas, juices, juice drinks and mixers.

Dr Pepper Snapple (NYSE:DPS) is currently priced 6.5% above its average consensus analyst price target of $91.67. The stock should find initial support at its 50-day moving average (MA) of $90.44 and further support at its 200-day MA of $87.14.

SmarTrend is monitoring the recent change of momentum in Dr Pepper Snapple. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Dr Pepper Snapple in search of a potential trend change.

Keywords: 52 week high/lows Dr Pepper Snapple

Ticker(s): DPS