Pool: The Winning Streak Continues (POOL)
Pool (NASDAQ:POOL) traded at a new 52-week high today of $98.00. Approximately 65,000 shares have changed hands today, as compared to an average 30-day volume of 275,000 shares.
In the past 52 weeks, Pool share prices have been bracketed by a low of $64.50 and a high of $98.00 and are now at $98.00, 52% above that low price. The 200-day and 50-day moving averages have moved 0.41% higher and 0.64% higher over the past week, respectively.
Pool Corporation is a wholesale distributor of swimming pool supplies, equipment and related leisure products. The Company's inventory includes a diverse range of products, from construction materials, replacement parts and fencing to pool care products and spas.
Based on a current price of $98.00, Pool is currently 13.7% above its average consensus analyst price target of $84.60. The stock should discover initial support at its 50-day moving average (MA) of $86.27 and subsequent support at its 200-day MA of $78.90.
SmarTrend is tracking the current trend status for Pool and will alert subscribers who have POOL in their portfolio or watchlist when shares have changed trend direction.
Keywords: 52 week high/lows