WMS Industries Inc. (WMS)

[Bob22701]

WMS - Shares of WMS Industries Under Pressure, Down 2.0%

Financial News Network Online - Market Movers via Comtex

WMS Industries (NYSE:WMS) is a company whose shares are active, trading 2.0% lower to $19.85. The Dow Jones Industrial Average is now trading 0.3% higher to 12,137 and the S&P is trading fractionally lower to 1,256.

WMS Industries (NYSE:WMS) has potential upside of 15.4% based on a current price of $19.85 and analysts' consensus price target of $22.91. WMS Industries shares should encounter resistance at the 200-day moving average (MA) of $27.17 and support at the 50-day MA of $19.82.

In the past 52 weeks, WMS Industries share prices have been bracketed by a low of $16.24 and a high of $49.11 and are now at $19.85, 22% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has advanced 0.7%.

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.