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Shares of Hasbro Has Risen Above Previous 52-Week High

By Nick Russo

Hasbro (NYSE:HAS) traded today at a new 52-week high of $100.57. This new high was reached on below average trading volume as 77,000 shares traded hands, while the average 30-day volume is approximately 1.2 million shares.

Hasbro, Inc. designs, manufactures, and markets toys, games, interactive software, puzzles, and infant products in the United States and internationally. The Company's products include a variety of games, including traditional board, card, hand-held electronic, trading card, role-playing and DVD games, as well as electronic learning aids and puzzles as well as dolls and action figures.

In the past 52 weeks, Hasbro share prices have been bracketed by a low of $60.38 and a high of $100.57 and are now at $99.88, 65% above that low price. The 200-day and 50-day moving averages have moved 0.12% higher and 1.04% higher over the past week, respectively.

Hasbro (NYSE:HAS) is currently priced 3.9% above its average consensus analyst price target of $96.00. Hasbro shares have support at the 50-day moving average (MA) of $80.72 and additional support at the 200-day MA of $75.79.

SmarTrend recommended that subscribers consider buying shares of Hasbro on January 5th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $81.75. Since that recommendation, shares of Hasbro have risen 22.6%. We continue to monitor HAS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows Hasbro

Ticker(s): HAS