• Return to Headlines

World Wrestlin-A Looks to Continue to Trade Above its Annual-High Share Price Today

By Amy Schwartz

World Wrestlin-A (NYSE:WWE) traded at a new 52-week high today of $50.66. This new high was reached on above average trading volume as 1.8 million shares traded hands, while the average 30-day volume is approximately 581,000 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.

World Wrestlin-A share prices have moved between a 52-week high of $50.66 and a 52-week low of $16.77 and are now trading 193% above that low price at $49.09 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

World Wrestlin-A (NYSE:WWE) is currently priced 11.1% above its average consensus analyst price target of $43.62. World Wrestlin-A shares have support at the 200-day moving average (MA) of $17.81 and additional support at the 50-day MA of $17.12.

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 12.1%. 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