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Finisar Corp: 52-Week High Recently Eclipsed (FNSR)

By James Quinn

Shares of Finisar Corp (NASDAQ:FNSR) traded today at $24.90, breaking its 52-week high. So far today approximately 4.8 million shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.

Finisar Corporation provides components and subsystems to networking equipment manufacturers, data center operators, telecom service providers, consumer electronics, and automotive companies in the United States, China, Malaysia, and internationally.

Over the past year, Finisar Corp has traded in a range of $15.81 to $24.90 and is now at $24.90, 57% above that low. The 200-day and 50-day moving averages have moved 0.11% higher and 0.02% higher over the past week, respectively.

Finisar Corp (NASDAQ:FNSR) is currently priced 15.7% above its average consensus analyst price target of $21.00. Finisar Corp shares have support at the 50-day moving average (MA) of $22.98 and additional support at the 200-day MA of $22.81.

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

Keywords: 52 week high/lows finisar corp

Ticker(s): FNSR