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National Beverage: 52-Week High Recently Eclipsed (FIZZ)

By Nick Russo

Shares of National Beverage (NASDAQ:FIZZ) traded today at $92.23, breaking its 52-week high. Approximately 50,000 shares have changed hands today, as compared to an average 30-day volume of 103,000 shares.

Based on a current price of $91.99, National Beverage is currently 34.8% above its average consensus analyst price target of $60.00. The stock should discover initial support at its 50-day moving average (MA) of $42.94 and subsequent support at its 200-day MA of $36.70.

Over the past year, National Beverage has traded in a range of $19.98 to $92.23 and is now at $91.99, 360% above that low. The 200-day and 50-day moving averages have moved 1.29% higher and 2.04% higher over the past week, respectively.

National Beverage Corp. is a holding company for subsidiaries that market, manufacture, and distribute a full line of beverage products. The Company's products include multi-flavored and cola soft drinks, juice and juice products, flavored carbonated and spring water products, and specialty items.

SmarTrend recommended that subscribers consider buying shares of National Beverage on January 25th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $49.65. Since that recommendation, shares of National Beverage have risen 83.6%. We continue to monitor FIZZ for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows national beverage

Ticker(s): FIZZ