Recent 52-Week High Exceeded in Shares of Lennox International (LII)

Published on Tue, 02/19/2013 - 15:28
By Robert Cotter in 52 Week high-lows, LII, 52 week high/lows, lennox international, nyse:lii

Lennox International (NYSE:LII) traded today at a new 52-week high of $59.98. So far today approximately 288,000 shares have been exchanged, as compared to an average 30-day volume of 428,000 shares.

Potential upside of 3.0% exists for Lennox International, based on a current level of $58.62 and analysts' average consensus price target of $60.38. The stock should discover initial support at its 50-day moving average (MA) of $55.06 and subsequent support at its 200-day MA of $48.55.

Lennox International Inc. provides climate control solutions in countries located around the world. The Company designs, manufactures, and markets heating, ventilation, air conditioning, and refrigeration equipment. Lennox markets its products under brand names such as Lennox, Armstrong Air, Ducane, Bohn, Larkin, Advanced Distributor Products, Service Experts and others.

In the past 52 weeks, Lennox International share prices have been bracketed by a low of $36.77 and a high of $59.98 and are now at $58.62, 59% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.3%.

By Robert Cotter
rcotter@fnno.com

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