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Westar Energy In Looks to Continue to Trade Below its Annual-Low Share Price Today

By James Quinn

Westar Energy In (NYSE:WR) traded today at a new 52-week low of $49.83. So far today approximately 174,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.

Westar Energy, Inc. is an electric utility company. The Company provides electric generation, transmission and distribution services. Westar Energy serves customers in the State of Kansas.

Over the past year, Westar Energy Inhas traded in a range of $49.83 to $57.50 and are now at $49.83. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.7%.

Westar Energy In has overhead space with shares priced $49.83, or 4.8% below the average consensus analyst price target of $52.33. The stock should discover initial support at its 50-day moving average (MA) of $48.42 and subsequent support at its 200-day MA of $42.32.

SmarTrend is tracking the current trend status for Westar Energy In and will alert subscribers who have WR in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows westar energy in

Ticker(s): WR