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Shares of Green Dot Corp-A Rise to a New 52-Week High

By Nick Russo

Green Dot Corp-A (NYSE:GDOT) traded today at a new 52-week high of $88.00. So far today approximately 67,000 shares have been exchanged, as compared to an average 30-day volume of 276,000 shares.

In the past 52 weeks, Green Dot Corp-A share prices have been bracketed by a low of $37.81 and a high of $88.00 and are now at $87.85, 132% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.2%.

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) is currently priced 17.2% above its average consensus analyst price target of $72.77. Green Dot Corp-A shares have support at the 50-day moving average (MA) of $82.37 and additional support at the 200-day MA of $69.65.

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 21.7%. 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