Air Methods (NASDAQ:AIRM) traded today at a new 52-week high of $44.15. Approximately 387,000 shares have changed hands today, as compared to an average 30-day volume of 313,000 shares.
Based on a current price of $44.00, Air Methods is currently 6.3% above its average consensus analyst price target of $41.22. The stock should find initial support at its 50-day moving average (MA) of $37.67 and further support at its 200-day MA of $34.90.
In the past 52 weeks, shares of Air Methods have traded between a low of $26.37 and a high of $44.15 and are now at $44.00, which is 67% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.9%.
Air Methods Corporation provides aeromedical emergency transport services and systems throughout North America. The Company provides transportation services to hospitals throughout the U.S. In addition, Air Methods designs, manufactures, and installs medical aircraft interiors and other aerospace products.