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Kellogg Co: 52-Week High Recently Eclipsed (K)

By Amy Schwartz

Shares of Kellogg Co (NYSE:K) traded today at $74.58, breaking its 52-week high. This new high was reached on below average trading volume as 195,000 shares traded hands, while the average 30-day volume is approximately 1.7 million shares.

Kellogg Co (NYSE:K) is currently priced 5.8% above its average consensus analyst price target of $69.79. Kellogg Co shares have support at the 50-day moving average (MA) of $71.55 and additional support at the 200-day MA of $67.01.

In the past 52 weeks, Kellogg Co share prices have been bracketed by a low of $56.40 and a high of $74.58 and are now at $74.12, 31% above that low price. The 200-day and 50-day moving averages have moved 0.21% higher and 0.36% higher over the past week, respectively.

Kellogg Company manufactures and markets ready-to-eat cereal and other convenience foods. The Company's products include cereals, cookies, crackers, toaster pastries, cereal bars, fruit snacks, frozen waffles, and veggie foods. Kellogg markets its products in the United States, Canada, and other countries throughout the world.

SmarTrend recommended that subscribers consider buying shares of Kellogg Co on May 11th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $61.30. Since that recommendation, shares of Kellogg Co have risen 21.5%. We continue to monitor K for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows kellogg co

Ticker(s): K