WMS Industries Inc. (WMS)

[Bob22701]

WMS - From Financial News Network Online - Market Movers via Comtex

Stock Investors Sell Off Shares of WMS Industries, Down 2.4%

One of today's notable stocks in decline is WMS Industries (NYSE:WMS), down 2.4% to $20.46. The Dow is down 0.4% to 11,991 and the S&P is currently down 0.3% to 1,242.

WMS Industries Inc. designs, manufactures, sells, and leases gaming machines and video lottery terminals. The Company's products are distributed throughout the United States and internationally.

Over the past year, WMS Industries has traded in a range of $16.24 to $49.11 and is now at $20.46, 26% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has advanced 0.4%.

Potential upside of 12.0% exists for WMS Industries, based on a current level of $20.46 and analysts' average consensus price target of $22.91. WMS Industries shares should encounter resistance at the 200-day moving average (MA) of $27.50 and support at the 50-day MA of $19.69.