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Recent 52-Week High Exceeded in Shares of Wingstop Inc (WING)

By James Quinn

Wingstop Inc (NASDAQ:WING) traded today at a new 52-week high of $50.25. Approximately 181,000 shares have changed hands today, as compared to an average 30-day volume of 234,000 shares.

Wingstop Inc (NASDAQ:WING) is currently priced 7.7% above its average consensus analyst price target of $46.33. Wingstop Inc shares have support at the 200-day moving average (MA) of $24.89 and additional support at the 50-day MA of $24.02.

Over the past year, Wingstop Inc has traded in a range of $22.63 to $50.25 and is now at $50.20, 122% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.8%.

Wingstop Inc. owns and operates restaurants. The Company specializes in cooked-to-order, hand-sauced, and tossed chicken wings. Wingstop serves customers worldwide.

SmarTrend is tracking the current trend status for Wingstop Inc and will alert subscribers who have WING in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows wingstop inc

Ticker(s): WING