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Planet Fitness-A: The Winning Streak Continues (PLNT)

By Shiri Gupta

Planet Fitness-A (NYSE:PLNT) traded at a new 52-week high today of $47.97. Approximately 80,000 shares have changed hands today, as compared to an average 30-day volume of 955,000 shares.

Planet Fitness-A (NYSE:PLNT) is currently priced 9.9% above its average consensus analyst price target of $42.89. Planet Fitness-A shares have support at the 50-day moving average (MA) of $42.48 and additional support at the 200-day MA of $35.50.

Planet Fitness, Inc. owns and operates a chain of fitness clubs. The Company offers personal fitness training programs for its members, as well as provides sauna and massage facilities. Planet Fitness serves customers in the United States.

Planet Fitness-A share prices have moved between a 52-week high of $47.97 and a 52-week low of $22.26 and are now trading 114% above that low price at $47.61 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 1.1%.

SmarTrend recommended that subscribers consider buying shares of Planet Fitness-A on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $39.96. Since that recommendation, shares of Planet Fitness-A have risen 18.9%. We continue to monitor PLNT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows planet fitness-a

Ticker(s): PLNT