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Recent 52-Week High Exceeded in Shares of Fti Consulting (FCN)

By Shiri Gupta

Fti Consulting (NYSE:FCN) traded today at a new 52-week high of $98.53. Approximately 118,000 shares have changed hands today, as compared to an average 30-day volume of 240,000 shares.

Over the past year, Fti Consulting has traded in a range of $59.06 to $98.53 and is now at $98.53, 67% above that low. The 200-day and 50-day moving averages have moved 0.43% higher and 0.87% higher over the past week, respectively.

Based on a current price of $98.53, Fti Consulting is currently 45.7% above its average consensus analyst price target of $53.50. The stock should discover initial support at its 50-day moving average (MA) of $85.74 and subsequent support at its 200-day MA of $74.78.

FTI Consulting, Inc. provides corporate finance and restructuring, economic, forensic and litigation, strategic communications, and technology consulting services. The Company offers restructuring, bankruptcy and performance improvement; antitrust, business valuation and intellectual property; forensic accounting; corporate communications; and computer forensics services.

SmarTrend recommended that subscribers consider buying shares of Fti Consulting on December 31st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $65.52. Since that recommendation, shares of Fti Consulting have risen 43.8%. We continue to monitor FCN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows fti consulting

Ticker(s): FCN