Shares of National Beverage Corp (FIZZ) Fall Below Previous 52-Week Low

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Shares of National Beverage Corp (NASDAQ:FIZZ) traded at a new 52-week low today of $39.78. This new low was reached on below average trading volume as 53,000 shares traded hands, while the average 30-day volume is approximately 500,000 shares.

National Beverage Corp. is a holding company for subsidiaries that market, manufacture, and distribute a full line of beverage products. The Company’s products include multi-flavored and cola soft drinks, juice and juice products, flavored carbonated and spring water products, and specialty items.

In the past 52 weeks, shares of National Beverage Corp have traded between the current low of $39.78 and a high of $127.32 and are now at $39.78. Over the past week, the 200-day moving average (MA) has gone down 2.1% while the 50-day MA has declined 1%.

Potential upside of 173.2% exists for National Beverage Corp, based on a current level of $39.78 and analysts’ average consensus price target of $108.67. National Beverage Corp shares should first meet resistance at the 50-day moving average (MA) of $43.10 and find additional resistance at the 200-day MA of $62.17.

NetworkNewsWire is monitoring National Beverage Corp (NASDAQ: FIZZ) and will alert subscribers who have National Beverage Corp (NASDAQ: FIZZ) in their portfolio or watchlist when shares have changed trend direction.

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