Liberty Media: 52-Week High Recently Eclipsed (LINTA)
Liberty Media (NASDAQ:LINTA) traded at a new 52-week high today of $20.98. So far today approximately 89,000 shares have been exchanged, as compared to an average 30-day volume of 5.1 million shares.
Liberty Media Corp - Interactive is a tracking stock issued by Liberty Media Corporation to track the performance of the Interactive group. The Interactive groups interests include home and Internet shopping online travel.
In the past 52 weeks, Liberty Media share prices have been bracketed by a low of $15.93 and a high of $20.98 and are now at $20.89, 31% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.
Potential upside of 10.8% exists for Liberty Media, based on a current level of $20.89 and analysts' average consensus price target of $23.14. The stock should find initial support at its 50-day moving average (MA) of $19.60 and further support at its 200-day MA of $18.60.
SmarTrend recommended that subscribers consider buying shares of Liberty Media on October 16th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $20.10. Since that recommendation, shares of Liberty Media have risen 3.6%. We continue to monitor LINTA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: 52 week high/lows Liberty Media