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Wednesday, 12/14/2011 2:29:16 AM

Wednesday, December 14, 2011 2:29:16 AM

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SHFL - Shares of Shuffle Master Have Risen Above Previous 52-Week High

Financial News NetwFork Online - 52-week High-Lows via Comtex

Shares of Shuffle Master (NASDAQ:SHFL) traded at a new 52-week high today of $12.21. Approximately 241,000 shares have changed hands today, as compared to an average 30-day volume of 254,000 shares.

Shuffle Master, Inc. is a gaming supply company that provides products and services to the casino industry. The Company offers card shuffling systems and other table gaming equipment, table games, and video game software.

In the past 52 weeks, shares of Shuffle Master have traded between a low of $7.35 and a high of $12.21 and are now at $12.17, which is 66% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has risen 0.3%.

Shuffle Master (NASDAQ:SHFL) has potential upside of 13.7% based on a current price of $12.17 and analysts' consensus price target of $13.83. The stock should find initial support at its 50-day moving average (MA) of $10.44 and further support at its 200-day MA of $9.80.

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