AZZ Inc (NYSE:AZZ) traded at a new 52-week high today of $44.14. So far today approximately 110,000 shares have been exchanged, as compared to an average 30-day volume of 193,000 shares.
Over the past year, AZZ Inc has traded in a range of $23.33 to $44.14 and is now at $43.49, 86% above that low. Over the past week, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has advanced 0.9%.
AZZ Incorporated manufactures specialty electrical equipment and components for the global power generation, power transmission, and distribution markets. The Company also provides hot dip galvanizing services to the steel fabrication industry across the United States.
There is potential upside of 15.0% for shares of AZZ Inc based on a current price of $43.49 and an average consensus analyst price target of $50.00. The stock should discover initial support at its 50-day moving average (MA) of $37.96 and subsequent support at its 200-day MA of $32.67.