TJX Cos: The Winning Streak Continues (TJX)

Published on Fri, 05/03/2013 - 14:53
By Peter Chu in 52 Week high-lows, TJX, 52 week high/lows, nyse:tjx, tjx cos

Shares of TJX Cos (NYSE:TJX) traded today at $49.71, breaking its 52-week high. So far today approximately 2 million shares have been exchanged, as compared to an average 30-day volume of 4.3 million shares.

The TJX Companies, Inc. retails off-price apparel and home fashions. The Company currently operates T.J. Maxx, Marshalls, HomeGoods, and A.J. Wright stores in the United States. TJX also operates Winners stores in Canada and T.K. Maxx stores in Europe.

In the past 52 weeks, shares of TJX Cos have traded between a low of $39.46 and a high of $49.71 and are now at $49.60, which is 26% above that low price. The 200-day and 50-day moving averages have moved 0.21% higher and 0.66% higher over the past week, respectively.

TJX Cos has overhead space with shares priced $49.60, or 0.0% below the average consensus analyst price target of $49.62. The stock should find initial support at its 50-day moving average (MA) of $46.41 and further support at its 200-day MA of $44.72.

By Peter Chu
pchu@fnno.com

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