• Return to Headlines

Recent 52-Week High Exceeded in Shares of Bluebird Bio Inc (BLUE)

By Shiri Gupta

Shares of Bluebird Bio Inc (AMEX:BLUE) traded today at $130.20, breaking its 52-week high. So far today approximately 637,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.

Bluebird Bio, Inc. provides biotechnological products and services. The Company offers gene therapies for severe genetic disorders such as childhood cerebral adrenoleukodystrophy, neurodegenerative disorders, and beta-thalassemia. Bluebird Bio conducts its business in the United States.

Bluebird Bio Inc share prices have moved between a 52-week high of $130.20 and a 52-week low of $36.62 and are now trading 253% above that low price at $129.25 per share. Over the past week, the 200-day moving average (MA) has gone down 3% while the 50-day MA has declined 1.7%.

Based on a current price of $129.25, Bluebird Bio Inc is currently 22.1% above its average consensus analyst price target of $100.68. Bluebird Bio Inc shares have support at the 200-day moving average (MA) of $78.66 and additional support at the 50-day MA of $46.60.

SmarTrend is monitoring the recent change of momentum in Bluebird Bio Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Bluebird Bio Inc in search of a potential trend change.

Keywords: 52 week high/lows amex:blue bluebird bio inc

Ticker(s): BLUE