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Natl Beverage: The Winning Streak Continues (FIZZ)

By Amy Schwartz

Natl Beverage (NASDAQ:FIZZ) traded today at a new 52-week high of $118.98. Approximately 52,000 shares have changed hands today, as compared to an average 30-day volume of 103,000 shares.

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.

Based on a current price of $118.98, Natl Beverage is currently 51.7% above its average consensus analyst price target of $57.50. The stock should find initial support at its 50-day moving average (MA) of $42.94 and further support at its 200-day MA of $36.70.

Over the past year, Natl Beverage has traded in a range of $39.14 to $118.98 and is now at $118.98, 204% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has risen 1.3%.

SmarTrend recommended that subscribers consider buying shares of Natl Beverage on June 29th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $94.24. Since that recommendation, shares of Natl Beverage have risen 24.2%. 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 natl beverage

Ticker(s): FIZZ