• Return to Headlines

Zoetis Inc: 52-Week High Recently Eclipsed (ZTS)

By Amy Schwartz

Shares of Zoetis Inc (NYSE:ZTS) traded today at $98.76, breaking its 52-week high. This new high was reached on below average trading volume as 88,000 shares traded hands, while the average 30-day volume is approximately 2.4 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 10.6% above its average consensus analyst price target of $88.00. Zoetis Inc shares have support at the 50-day moving average (MA) of $89.64 and additional support at the 200-day MA of $89.03.

Zoetis Inc share prices have moved between a 52-week high of $98.76 and a 52-week low of $77.00 and are now trading 28% above that low price at $98.48 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.2%.

SmarTrend recommended that subscribers consider buying shares of Zoetis Inc on December 31st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $85.10. Since that recommendation, shares of Zoetis Inc have risen 14.9%. We continue to monitor ZTS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows zoetis inc

Ticker(s): ZTS