Tuesday, December 20, 2011 4:15:45 AM
15 hours 1 minutes ago - Financial News Network Online - Market Movers via Comtex
Konami (NYSE:KNM) is a company whose shares are active, trading 3.1% higher to $29.37. The S&P is currently trading 0.6% lower to 1,212 and the Dow Jones Industrial Average is trading 0.4% lower to 11,816.
Konami share prices have moved between a 52-week high of $37.22 and a 52-week low of $16.74 and are now trading 75% above that low price at $29.37 per share. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has declined 2%.
Potential upside of 19.1% exists for Konami, based on a current level of $29.37 and analysts' average consensus price target of $34.97. The stock should find resistance at its 50-day moving average (MA) of $31.10, as well as support at its 200-day MA of $26.58.
KONAMI Corporation develops and sells consumer video game software and arcade game machines for amusement facilities. The Company operates in the United States, France, Germany, the United Kingdom, Hong Kong, Singapore, Korea, and Brazil. Konami also develops liquid crystal display for Pachinko and manages amusement facilities.
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