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Shares of Webmd Health Cor Rise Above Previous 52-Week High

By Nick Russo

Webmd Health Cor (NASDAQ:WBMD) traded at a new 52-week high today of $66.57. This new high was reached on approximately average trading volume as 614,000 shares traded hands, while the average 30-day volume is approximately 873,000 shares.

WebMD Health Corp. provides health information services to consumers, physicians, healthcare professionals, employers, and health plans. The Company provides its services through its public and private online portals and health-focused publications.

Over the past year, Webmd Health Cor has traded in a range of $48.10 to $66.57 and is now at $66.48, 38% above that low. The 200-day and 50-day moving averages have moved 0.71% higher and 1.20% higher over the past week, respectively.

Based on a current price of $66.48, Webmd Health Cor is currently 7.6% above its average consensus analyst price target of $61.43. The stock should discover initial support at its 50-day moving average (MA) of $59.96 and subsequent support at its 200-day MA of $48.77.

SmarTrend is tracking the current trend status for Webmd Health Cor and will alert subscribers who have WBMD in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows webmd health cor

Ticker(s): WBMD