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Hasbro: The Winning Streak Continues (HAS)

By Amy Schwartz

Shares of Hasbro (NYSE:HAS) traded today at $105.60, breaking its 52-week high. So far today approximately 83,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.

Hasbro share prices have moved between a 52-week high of $105.60 and a 52-week low of $60.38 and are now trading 74% above that low price at $104.96 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has remained constant.

Hasbro, Inc. designs, manufactures, and markets toys, games, interactive software, puzzles, and infant products in the United States and internationally. The Company's products include a variety of games, including traditional board, card, hand-held electronic, trading card, role-playing and DVD games, as well as electronic learning aids and puzzles as well as dolls and action figures.

Hasbro (NYSE:HAS) is currently priced 8.5% above its average consensus analyst price target of $96.00. The stock should find initial support at its 50-day moving average (MA) of $80.72 and further support at its 200-day MA of $75.79.

SmarTrend recommended that subscribers consider buying shares of Hasbro on January 5th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $81.75. Since that recommendation, shares of Hasbro have risen 28.8%. We continue to monitor HAS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows Hasbro

Ticker(s): HAS