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Friday, 07/06/2012 8:01:05 AM

Friday, July 06, 2012 8:01:05 AM

Post# of 98
SHFL - Stock Investors Bid Up Shares of Shuffle Master, Up 1.9%

- Market Movers via Comtex

Shuffle Master (NASDAQ:SHFL) is a company whose shares are active, trading 1.9% higher to $14.44. The S&P is currently trading 0.3% lower to 1,370 and the Dow Jones Industrial Average is trading fractionally lower to 12,926.

There is potential upside of 26.7% for shares of Shuffle Master based on a current price of $14.44 and an average consensus analyst price target of $18.30. Shuffle Master shares should encounter resistance at the 50-day moving average (MA) of $15.14 and support at its 200-day MA of $13.41.

Over the past year, Shuffle Master has traded in a range of $7.35 to $18.77 and is now at $14.44, 96% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has declined 1.1%.

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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GLTA
Bob

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