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Shares of Green Dot Corp-A Rise Above Previous 52-Week High

By James Quinn

Green Dot Corp-A (NYSE:GDOT) traded at a new 52-week high today of $78.14. So far today approximately 200,000 shares have been exchanged, as compared to an average 30-day volume of 415,000 shares.

Green Dot Corporation operates as a bank holding company that offers personal banking products and services. The Company provides prepaid debit card products, prepaid card reloading services, and mobile banking accounts. Green Dot offers its products and services to consumers across the United States via retail, online, and digital distribution channels.

Green Dot Corp-A (NYSE:GDOT) defies analysts with a current price ($78.14) 6.9% above its average consensus price target of $72.77. The stock should find initial support at its 50-day moving average (MA) of $67.24 and further support at its 200-day MA of $60.83.

Over the past year, Green Dot Corp-A has traded in a range of $37.81 to $78.14 and is now at $78.14, 107% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.3%.

SmarTrend recommended that subscribers consider buying shares of Green Dot Corp-A on May 10th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $70.87. Since that recommendation, shares of Green Dot Corp-A have risen 9.7%. We continue to monitor GDOT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows green dot corp-a

Ticker(s): GDOT