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Shares of Zoetis Inc Rise Above Previous 52-Week High

By David Diaz

Shares of Zoetis Inc (NYSE:ZTS) traded today at $104.41, breaking its 52-week high. This new high was reached on below average trading volume as 62,000 shares traded hands, while the average 30-day volume is approximately 1.8 million shares.

Zoetis Inc discovers, develops, manufactures, and commercializes animal health medicines and vaccines, with a focus on both livestock and companion animals. The Company's products are sold in North America, Europe, Africa, Asia, Australia, and Latin America.

Zoetis Inc (NYSE:ZTS) is currently priced 15.5% above its average consensus analyst price target of $88.00. The stock should discover initial support at its 50-day moving average (MA) of $100.92 and subsequent support at its 200-day MA of $92.54.

Over the past year, Zoetis Inc has traded in a range of $78.90 to $104.41 and is now at $104.20, 32% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.3%.

SmarTrend is tracking the current trend status for Zoetis Inc and will alert subscribers who have ZTS in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows zoetis inc

Ticker(s): ZTS