• Return to Headlines

Watch for Zoetis Inc to Potentially Pullback After Gaining 1.68% Yesterday

By Amy Schwartz

Zoetis Inc (NYSE:ZTS) traded in a range yesterday that spanned from a low of $103.55 to a high of $103.79. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $102.43 on volume of 729,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Zoetis Inc share prices have moved between a 52-week high of $103.83 and a 52-week low of $78.90 and are now trading 31% above that low price at $103.72 per share. The 200-day and 50-day moving averages have moved 0.26% higher and 0.34% higher over the past week, respectively.

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

Keywords: rebounders zoetis inc

Ticker(s): ZTS