Friday, November 4, 2011

Green Mountain Coffee stock prices outlook weekly nov 7 2011

Green Mountain Coffee stock prices outlook weekly nov 7 2011 : Green Mountain Coffee Roasters (NASDAQ:GMCR) is a company whose shares are active, trading 5.4% higher to $70.50. The S&P is currently trading 1.3% lower to 1,244 and the Dow Jones Industrial Average is trading 1.3% lower to 11,886.

In the past 52 weeks, Green Mountain Coffee Roasters share prices have been bracketed by a low of $29.55 and a high of $115.98 and are now at $70.50, 139% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has declined 2.2%.

There is potential upside of 66.1% for shares of Green Mountain Coffee Roasters based on a current price of $70.50 and an average consensus analyst price target of $117.11. Green Mountain Coffee Roasters shares should first meet resistance at the 200-day moving average (MA) of $76.06 and find additional resistance at the 50-day MA of $91.95.

Green Mountain Coffee Roasters, Inc. roasts Arabica coffees and offers various coffee selections. The Company's products include single-origin, estate, certified organic, Fair Trade, signature blends, and flavored coffees sold under the Green Mountain Coffee Roasters brand. Green Mountain serves offices, supermarkets, and convenience stores, and operates a direct mail business.
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