Wednesday, January 04, 2012 5:30:12 PM
6 hours 13 minutes ago - Financial News Network Online - Market Movers via Comtex
Shuffle Master (NASDAQ:SHFL) is one of today's notable stocks in decline, down 2.3% to $11.70. The Dow Jones Industrial Average is now trading 0.4% lower to 12,347 and the S&P is trading 0.6% lower to 1,269.
Shuffle Master has overhead space with shares priced $11.70, or 15.4% below the average consensus analyst price target of $13.83. The stock should find initial support at its 50-day moving average (MA) of $11.01 and further support at its 200-day MA of $9.95.
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.
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 59% above that low price at $11.70 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.
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