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Wednesday, 01/18/2012 5:26:23 PM

Wednesday, January 18, 2012 5:26:23 PM

Post# of 129
SGMS - Watch for Continued Gains in Shares of Scientific Games (SGMS)
2 hours 28 minutes ago - Financial News NetwFork Online - 52-week High-Lows via Comtex
Scientific Games (NASDAQ:SGMS) traded today at a new 52-week high of $11.71. This new high was reached on below average trading volume as 398,000 shares traded hands, while the average 30-day volume is approximately 639,000 shares.

Scientific Games has overhead space with shares priced $11.71, or 9.2% below the average consensus analyst price target of $12.90. The stock should find initial support at its 200-day moving average (MA) of $8.93 and further support at its 50-day MA of $8.92.

Over the past year, Scientific Games has traded in a range of $6.50 to $11.71 and is now at $11.71, 80% above that low. The 200-day and 50-day moving averages have moved 0.28% higher and 1.28% higher over the past week, respectively.

Scientific Games Corporation provides services, systems, and products to both the pari-mutuel gaming and instant ticket lottery industries. The Company operates an instant ticket and online lottery products, systems, and services business. Scientific also operates wagering and communications, venue management, and telecommunications products businesses.

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GLTA
Bob

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