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Friday, 12/16/2011 1:24:29 PM

Friday, December 16, 2011 1:24:29 PM

Post# of 98
SHFL - Shares of Shuffle Master Under Pressure, Down 5.1%

Financial News Network Online - Market Movers via Comtex

Shuffle Master (NASDAQ:SHFL) is a company whose shares are active, trading 5.1% lower to $10.93. The Dow is down 0.3% to 11,835 and the S&P is currently trading fractionally higher to 1,217.

Shuffle Master has overhead space with shares priced $10.93, or 21.0% below the average consensus analyst price target of $13.83. The stock should find initial support at its 50-day moving average (MA) of $10.63 and further support at its 200-day MA of $9.84.

Shuffle Master share prices have moved between a 52-week high of $12.21 and a 52-week low of $7.35 and are now trading 49% above that low price at $10.93 per share. The 200-day and 50-day moving averages have moved 0.46% higher and 2.49% higher over the past week, respectively.

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.

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