Aerovironment Inc (NASDAQ:AVAV) traded at a new 52-week low today of $48.85. So far today approximately 73,000 shares have been exchanged, as compared to an average 30-day volume of 148,000 shares.
Aerovironment Inc (NASDAQ:AVAV) has potential upside of 9.0% based on a current price of $48.85 and analysts' consensus price target of $53.25. The stock should run into initial resistance at its 50-day moving average (MA) of $55.28 and subsequent resistance at its 200-day MA of $69.37.
Over the past year, Aerovironment Inc has traded in a range of $48.85 to $121.32 and are now at $48.85. Over the last five market days, the 200-day moving average (MA) has gone down 1.4% while the 50-day MA has declined 2%.
Aerovironment Inc. designs, develops, produces and supports small unmanned aircraft systems, and fast charge systems for electric industrial vehicle batteries.
NetworkNewsWire continues to monitor Aerovironment Inc
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