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Shares of Procter & Gamble Has Risen Above Previous 52-Week High

By Amy Schwartz

Shares of Procter & Gamble (NYSE:PG) traded today at $107.29, breaking its 52-week high. So far today approximately 659,000 shares have been exchanged, as compared to an average 30-day volume of 6.7 million shares.

Procter & Gamble share prices have moved between a 52-week high of $107.29 and a 52-week low of $72.60 and are now trading 48% above that low price at $107.21 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.4%.

Based on a current price of $107.21, Procter & Gamble is currently 23.5% above its average consensus analyst price target of $81.97. Procter & Gamble shares have support at the 50-day moving average (MA) of $103.71 and additional support at the 200-day MA of $92.89.

The Procter & Gamble Company manufactures and markets consumer products in countries throughout the world. The Company provides products in the laundry and cleaning, paper, beauty care, food and beverage, and health care segments. Procter & Gamble products are sold primarily through mass merchandisers, grocery stores, membership club stores, drug stores, and neighborhood stores.

SmarTrend is tracking the current trend status for Procter & Gamble and will alert subscribers who have PG in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows Procter & Gamble

Ticker(s): PG