Harry Winston Diamond (NYSE:HWD) is one of today's biggest movers, up 5.6% to $11.50. The Dow is down 0.3% to 11,397 and the S&P is currently down 0.2% to 1,192.
Harry Winston Diamond Corporation explores and develops diamond properties. The Company mines for diamonds in the Northwest Territories, Canada. Harry Winston also retails fine jewelry and watches.
Potential upside of 71.1% exists for Harry Winston Diamond, based on a current level of $11.50 and analysts' average consensus price target of $19.67. The stock should find initial resistance at its 50-day moving average (MA) of $13.03 and further resistance at its 200-day MA of $14.28.
In the past 52 weeks, Harry Winston Diamond share prices have been bracketed by a low of $9.14 and a high of $18.23 and are now at $11.50, 26% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.3% while the 200-day MA has remained constant.
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