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Shares of Godaddy Inc-A Rise Above Previous 52-Week High

By Amy Schwartz

Shares of Godaddy Inc-A (NYSE:GDDY) traded today at $75.99, breaking its 52-week high. Approximately 130,000 shares have changed hands today, as compared to an average 30-day volume of 2.1 million shares.

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.

In the past 52 weeks, shares of Godaddy Inc-A have traded between a low of $40.78 and a high of $75.99 and are now at $75.89, which is 86% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.9%.

Godaddy Inc-A has overhead space with shares priced $75.89, or 1.5% below the average consensus analyst price target of $77.08. Godaddy Inc-A shares have support at the 50-day moving average (MA) of $71.18 and additional support at the 200-day MA of $57.61.

SmarTrend is monitoring the recent change of momentum in Godaddy Inc-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Godaddy Inc-A in search of a potential trend change.

Keywords: 52 week high/lows godaddy inc-a

Ticker(s): GDDY