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Shares of At&T Inc Rise Above Previous 52-Week High

By Shiri Gupta

Shares of At&T Inc (NYSE:T) traded today at $39.02, breaking its 52-week high. So far today approximately 4.5 million shares have been exchanged, as compared to an average 30-day volume of 24.6 million shares.

AT&T Inc. is a communications holding company. The Company, through its subsidiaries and affiliates, provides local and long-distance phone service, wireless and data communications, Internet access and messaging, IP-based and satellite television, security services, telecommunications equipment, and directory advertising and publishing.

Over the past year, At&T Inc has traded in a range of $26.80 to $39.02 and is now at $38.92, 45% above that low. The 200-day and 50-day moving averages have moved 0.46% higher and 0.69% higher over the past week, respectively.

Based on a current price of $38.92, At&T Inc is currently 11.9% above its average consensus analyst price target of $34.27. At&T Inc shares have support at the 50-day moving average (MA) of $37.11 and additional support at the 200-day MA of $33.17.

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

Keywords: 52 week high/lows at&t inc

Ticker(s): T