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Recent 52-Week High Exceeded in Shares of Bio-Rad Laboratories (BIO)

By Amy Schwartz

Shares of Bio-Rad Laboratories (NYSE:BIO) traded at a new 52-week high today of $154.88. Approximately 71,000 shares have changed hands today, as compared to an average 30-day volume of 110,000 shares.

Bio-Rad Laboratories share prices have moved between a 52-week high of $154.88 and a 52-week low of $122.03 and are now trading 27% above that low price at $154.42 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

Bio-Rad Laboratories (NYSE:BIO) has potential upside of 13.0% based on a current price of $154.42 and analysts' consensus price target of $174.50. The stock should discover initial support at its 50-day moving average (MA) of $137.93 and subsequent support at its 200-day MA of $137.52.

Bio-Rad Laboratories, Inc. is a multinational manufacturer and distributor of life science research products, clinical diagnostics, and analytical instrumentation. The Company's products and systems separate complex chemical and biological materials, as well as identify, analyze, and purify their components.

SmarTrend is tracking the current trend status for Bio-Rad Laboratories and will alert subscribers who have BIO in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows bio-rad laboratories

Ticker(s): BIO