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Recent 52-Week High Exceeded in Shares of General Mills In (GIS)

By Amy Schwartz

Shares of General Mills In (NYSE:GIS) traded at a new 52-week high today of $63.12. Approximately 244,000 shares have changed hands today, as compared to an average 30-day volume of 3.8 million shares.

General Mills In (NYSE:GIS) defies analysts with a current price ($63.11) 20.5% above its average consensus price target of $50.17. General Mills In shares have support at the 50-day moving average (MA) of $56.36 and additional support at the 200-day MA of $53.93.

General Mills In share prices have moved between a 52-week high of $63.12 and a 52-week low of $46.59 and are now trading 35% above that low price at $63.11 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has risen 0.2%.

General Mills, Inc. manufactures and markets branded and packaged consumer foods worldwide. The Company also supplies branded and unbranded food products to the foodservice and commercial baking industries.

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

Keywords: 52 week high/lows general mills in

Ticker(s): GIS