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Shares of World Wrestlin-A Rise Above Previous 52-Week High

By Shiri Gupta

World Wrestlin-A (NYSE:WWE) traded at a new 52-week high today of $79.95. So far today approximately 478,000 shares have been exchanged, as compared to an average 30-day volume of 1 million shares.

World Wrestling Entertainment, Inc. is an integrated media and entertainment company with offices in the United States, Canada, and the United Kingdom. The Company conducts operations in live wrestling events, original television programming, music, publishing, advertising, licensing, and home video. World Wrestling distributes its programs to countries worldwide in various languages.

In the past 52 weeks, shares of World Wrestlin-A have traded between a low of $20.44 and a high of $79.95 and are now at $77.82, which is 281% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 2.8% while the 50-day MA has advanced 4.9%.

World Wrestlin-A (NYSE:WWE) is currently priced 44.0% above its average consensus analyst price target of $43.62. World Wrestlin-A shares have support at the 50-day moving average (MA) of $59.88 and additional support at the 200-day MA of $38.91.

SmarTrend recommended that subscribers consider buying shares of World Wrestlin-A on April 13th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $38.87. Since that recommendation, shares of World Wrestlin-A have risen 91.8%. We continue to monitor WWE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows world wrestlin-a

Ticker(s): WWE