• Return to Headlines

Shares of Fortune Brands H Has Fallen Below Previous 52-Week Low

By Amy Schwartz

Shares of Fortune Brands H (NYSE:FBHS) traded today at $47.93, breaking its 52-week low. So far today approximately 160,000 shares have been exchanged, as compared to an average 30-day volume of 1.8 million shares.

Over the past year, Fortune Brands Hhas traded in a range of $47.93 to $73.62 and are now at $48.05. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.1%.

Fortune Brands Home & Security, Inc. provides home and security products. The Company's business lines include kitchen and bath cabinetry, plumbing, accessories, advanced material windows, door systems, and security and storage.

Potential upside of 38.4% exists for Fortune Brands H, based on a current level of $48.05 and analysts' average consensus price target of $66.50. The stock should run into initial resistance at its 50-day moving average (MA) of $54.17 and subsequent resistance at its 200-day MA of $58.72.

SmarTrend is tracking the current trend status for Fortune Brands H and will alert subscribers who have FBHS in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows fortune brands h

Ticker(s): FBHS