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Monday, January 23, 2012 2:14:13 PM
1 hours 15 minutes ago - Financial News Network Online - Market Movers via Comtex
Down 9.4% to $10.61, Scientific Games (NASDAQ:SGMS), is one of today's notable movers. The S&P is currently trading 0.2% lower to 1,312 and the Dow Jones Industrial Average is trading 0.3% lower to 12,679.
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.
Over the past year, Scientific Games has traded in a range of $6.50 to $12.06 and is now at $10.61, 63% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 2.6%.
Scientific Games has overhead space with shares priced $10.61, or 17.8% below the average consensus analyst price target of $12.90. Scientific Games shares have support at the 50-day moving average (MA) of $9.10 and additional support at the 200-day MA of $8.97.
GLTA
Bob
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