BCE Inc Looks to Continue to Trade Above its Annual-High Share Price Today

Published on Tue, 03/26/2013 - 14:12
By Adrienne Chilton in 52 Week high-lows, BCE, 52 week high/lows, bce inc, nyse:bce

Shares of BCE Inc (NYSE:BCE) traded today at $46.31, breaking its 52-week high. This new high was reached on approximately average trading volume as 871,000 shares traded hands, while the average 30-day volume is approximately 852,000 shares.

BCE Inc., provides a full range of communication services to residential and business customers in Canada. Under the Bell brand, the company's services includes local, long distance and wireless phone services, high speed and wireless Internet access, IP-broadband services, value-added business solutions and direct-to-home satellite and VDSL television services.

BCE Inc share prices have moved between a 52-week high of $46.31 and a 52-week low of $39.12 and are now trading 18% above that low price at $46.23 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%.

BCE Inc (NYSE:BCE) is currently priced 2.4% above its average consensus analyst price target of $45.14. The stock should discover initial support at its 50-day moving average (MA) of $44.68 and subsequent support at its 200-day MA of $43.41.

By Adrienne Chilton
achilton@fnno.com

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