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Wesco Aircraft H Looks to Continue to Trade Below its Annual-Low Share Price Today

By Amy Schwartz

Shares of Wesco Aircraft H (NYSE:WAIR) traded today at $6.95, breaking its 52-week low. So far today approximately 124,000 shares have been exchanged, as compared to an average 30-day volume of 319,000 shares.

In the past 52 weeks, Wesco Aircraft H share prices have been bracketed by a current low of $6.95 and a high of $15.78 and are now at $6.97. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.0%.

Wesco Aircraft H has overhead space with shares priced $6.97, or 32.2% below the average consensus analyst price target of $10.29. The stock should find initial resistance at its 200-day moving average (MA) of $12.96 and further resistance at its 50-day MA of $14.12.

Wesco Aircraft Holdings, Inc. provides supply chain management services to the global aerospace industry. The Company also provides hardware, bearings, tools, electronic components, and machined parts. Wesco's services include just-in-time delivery, long-term agreements, management of supplier relationships, inventory management, quality assurance, and kitting.

SmarTrend is monitoring the recent change of momentum in Wesco Aircraft H. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Wesco Aircraft H in search of a potential trend change.

Keywords: 52 week high/lows wesco aircraft h

Ticker(s): WAIR