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Friday, June 28, 2013
Unexpected Price Movement Observed In Shares Of (NYSE: AZZ)
NYSE (NYSE: AZZ): fell by 15.61% or $-6.73/share to $36.37. In the past year, the shares have traded as low as $28.94 and as high as $49.10. On average, 141908 shares of AZZ exchange hands on a given day and today's volume is recorded at 129986. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $42.25 area but be careful because the stock may face selling pressure at this level.