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Recent 52-Week High Exceeded in Shares of Procter & Gamble (PG)

By Shiri Gupta

Procter & Gamble (NYSE:PG) traded at a new 52-week high today of $92.08. This new high was reached on below average trading volume as 1.8 million shares traded hands, while the average 30-day volume is approximately 7.4 million shares.

There is potential upside of 0.3% for shares of Procter & Gamble based on a current price of $91.74 and an average consensus analyst price target of $92.00. Procter & Gamble shares have support at the 50-day moving average (MA) of $82.13 and additional support at the 200-day MA of $77.57.

The Procter & Gamble Company manufactures and markets consumer products in countries throughout the world. The Company provides products in the laundry and cleaning, paper, beauty care, food and beverage, and health care segments. Procter & Gamble products are sold primarily through mass merchandisers, grocery stores, membership club stores, drug stores, and neighborhood stores.

In the past 52 weeks, shares of Procter & Gamble have traded between a low of $80.95 and a high of $92.08 and are now at $91.74, which is 13% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Procter & Gamble and will alert subscribers who have PG in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows Procter & Gamble

Ticker(s): PG