WMS Industries Inc. (WMS)

[Bob22701]

WMS Industries Makes a Move: Up 3.5%

Financial News Network Online - Market Movers via Comtex

WMS Industries (NYSE:WMS), a company whose shares are moving quickly, is trading 3.5% higher to $20.84. The Dow Jones Industrial Average is now trading 0.7% higher to 12,260 and the S&P is trading 0.7% higher to 1,263.

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.

In the past 52 weeks, shares of WMS Industries have traded between a low of $16.24 and a high of $48.08 and are now at $20.84, which is 28% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has remained constant.

WMS Industries has overhead space with shares priced $20.84, or 5.9% below the average consensus analyst price target of $22.16. The stock should hit resistance at its 200-day moving average (MA) of $25.93, as well as support at its 50-day MA of $20.07.

---------------------------------------------------------------------------------------------

Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit http://www.fnno.com today.