user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 460016 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Recent 52-Week High Exceeded in Shares of Waddell & Reed Financial (WDR)

Published on Thu, 03/14/2013 - 14:35
By Robert Cotter

Waddell & Reed Financial (NYSE:WDR) traded today at a new 52-week high of $43.59. So far today approximately 495,000 shares have been exchanged, as compared to an average 30-day volume of 978,000 shares.

Based on a current price of $43.43, Waddell & Reed Financial is currently 10.0% above its average consensus analyst price target of $39.09. The stock should discover initial support at its 50-day moving average (MA) of $39.82 and subsequent support at its 200-day MA of $33.27.

In the past 52 weeks, shares of Waddell & Reed Financial have traded between a low of $26.55 and a high of $43.59 and are now at $43.43, which is 64% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.2%.

Waddell & Reed Financial, Inc., through its subsidiaries, serves as investment advisor and exclusive underwriter and distributor for a family of mutual funds. The Company's funds include the Waddell & Reed Advisors Funds, W&R Funds, Inc., Ivy Funds, and the W&R Target Funds, Inc.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Halliburton (HAL) Approaches New Downsid...

Shares of Halliburton (NYSE:HAL) have bearishly opened below the pivot of $63.14 today ...

Analyst Rating In Review: OGE Energy Bid...

OGE Energy was upgraded from Accumulate to Buy by Tudor Pickering one week ago. The sh ...

Gulfmark Offshore Down 10.1% Since Tudor...

One week ago Gulfmark Offshore (NYSE:GLF) was downgraded from Accumulate to Hold at Tud ...

Hornbeck Offshore Services Gives Way to ...

A week ago, Tudor Pickering downgraded Hornbeck Offshore Services from Accumulate to Ho ...

Analyst Rating In Review: Tidewater Sold...

A week ago, Tudor Pickering downgraded Tidewater from Accumulate to Hold. Tidewater sh ...

Carpenter Technology Down 6.7% Since Buc...

A week ago, Buckingham downgraded Carpenter Technology from Buy to Neutral. The shares ...

Lennox International Fails to Respond: D...

A week ago, Buckingham upgraded Lennox International from Neutral to Buy. Lennox Inter ...

Marsh & McLennan In Retrospect: Shares D...

One week ago Marsh & McLennan (NYSE:MMC) was downgraded from Outperform to Neutral at M ...