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Apogee Enterprises Shares Climbing Higher, Up 4.3%

Post Time:Sep 30,2011Classify:Company NewsView:249

Apogee Enterprises (NASDAQ:APOG) is one of today's notable stocks on the rise, up 4.3% to $9.02. The S&P is currently trading 0.6% higher to 1,158 and the Dow Jones Industrial Average is trading 1.2% higher to 11,142.

 

Apogee Enterprises share prices have moved between a 52-week high of $14.82 and a 52-week low of $7.79 and are now trading 16% above that low price at $9.02 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.2% while the 200-day MA has slid 0.5%.

 

Potential upside of 81.8% exists for Apogee Enterprises, based on a current level of $9.02 and analysts' average consensus price target of $16.40. Apogee Enterprises shares should first meet resistance at the 50-day moving average (MA) of $9.58 and find additional resistance at the 200-day MA of $12.36.

 

Apogee Enterprises, Inc. designs and develops value-added glass products, services, and systems. The Company's products include architectural glass, glass coatings for the electronics markets, and replacement auto glass. The Company also provides building glass installation and replacement services. Apogee Enterprises operates around the world.

 

Source: http://www.usgnn.comAuthor: shangyi

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