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Shares of Godaddy Inc-A Has Risen Above Previous 52-Week High

By Nick Russo

Godaddy Inc-A (NYSE:GDDY) traded today at a new 52-week high of $84.38. So far today approximately 190,000 shares have been exchanged, as compared to an average 30-day volume of 2 million shares.

Godaddy Inc-A share prices have moved between a 52-week high of $84.38 and a 52-week low of $42.54 and are now trading 98% above that low price at $84.37 per share. The 200-day and 50-day moving averages have moved 0.74% higher and 0.91% higher over the past week, respectively.

GoDaddy, Inc. provides a cloud-based web platform for small businesses, web design professionals and individuals. The Company's platform provides applications that help them connect to their customers, manage their businesses and get found online.

Godaddy Inc-A (NYSE:GDDY) defies analysts with a current price ($84.37) 8.6% above its average consensus price target of $77.08. Godaddy Inc-A shares have support at the 50-day moving average (MA) of $77.19 and additional support at the 200-day MA of $64.57.

SmarTrend recommended that subscribers consider buying shares of Godaddy Inc-A on August 24th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $77.80. Since that recommendation, shares of Godaddy Inc-A have risen 6.6%. We continue to monitor GDDY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows godaddy inc-a

Ticker(s): GDDY