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Saturday, December 10, 2011 4:18:15 AM
Financial News Network Online - Market Movers via Comtex
Scientific Games (NASDAQ:SGMS), a company whose shares are moving quickly, is trading 6.6% higher to $8.92. The S&P is trading higher by 1.6% to 1,254 and the Dow is trading 1.4% higher to 12,169.
Scientific Games (NASDAQ:SGMS) has potential upside of 44.6% based on a current price of $8.92 and analysts' consensus price target of $12.90. Scientific Games shares have support at the 200-day moving average (MA) of $8.85 and additional support at the 50-day MA of $8.18.
Scientific Games share prices have moved between a 52-week high of $11.27 and a 52-week low of $6.50 and are now trading 37% above that low price at $8.92 per share. The 200-day and 50-day moving averages have moved 0.17% lower and 0.93% higher over the past week, respectively.
Scientific Games Corporation provides services, systems, and products to both the pari-mutuel gaming and instant ticket lottery industries. The Company operates an instant ticket and online lottery products, systems, and services business. Scientific also operates wagering and communications, venue management, and telecommunications products businesses.
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