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Shares of Helen Of Troy Rise Above Previous 52-Week High

By Amy Schwartz

Helen Of Troy (NASDAQ:HELE) traded at a new 52-week high today of $118.45. So far today approximately 640,000 shares have been exchanged, as compared to an average 30-day volume of 180,000 shares.

Helen of Troy Limited designs, produces, and markets brand-name hair dryers, curling irons, hair setters, women's shavers, brushes, combs, hair accessories, mirrors, and comfort products. The Company's products are sold through mass merchandisers, drug chains, warehouse clubs, and grocery stores.

Based on a current price of $117.55, Helen Of Troy is currently 8.3% above its average consensus analyst price target of $107.75. The stock should discover initial support at its 50-day moving average (MA) of $93.95 and subsequent support at its 200-day MA of $91.75.

In the past 52 weeks, Helen Of Troy share prices have been bracketed by a low of $77.50 and a high of $118.45 and are now at $117.55, 52% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Helen Of Troy on April 27th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $89.63. Since that recommendation, shares of Helen Of Troy have risen 13.8%. We continue to monitor HELE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows helen of troy

Ticker(s): HELE