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Friday, 01/06/2012 1:22:51 PM

Friday, January 06, 2012 1:22:51 PM

Post# of 98
SHFL - Shuffle Master Shares Climbing Higher, Up 3.5%
20 minutes ago - Financial News Network Online - Market Movers via Comtex

Up 3.5% to $12.34, Shuffle Master (NASDAQ:SHFL), is one of today's notable movers. The Dow is down 0.3% to 12,375 and the S&P is currently trading fractionally lower to 1,278.

Shuffle Master has overhead space with shares priced $12.34, or 10.8% below the average consensus analyst price target of $13.83. Shuffle Master shares have support at the 50-day moving average (MA) of $11.07 and additional support at the 200-day MA of $9.96.

In the past 52 weeks, Shuffle Master share prices have been bracketed by a low of $7.35 and a high of $12.40 and are now at $12.34, 68% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.9%.

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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