Shares of Omnicare Have Risen Above Previous 52-Week High

Published on Mon, 01/28/2013 - 15:26
By Adrienne Chilton in 52 Week high-lows, OCR, 52 week high/lows, nyse:ocr, omnicare

Shares of Omnicare (NYSE:OCR) traded today at $39.23, breaking its 52-week high. This new high was reached on below average trading volume as 408,000 shares traded hands, while the average 30-day volume is approximately 964,000 shares.

Omnicare has overhead space with shares priced $38.89, or 3.5% below the average consensus analyst price target of $40.29. The stock should find initial support at its 50-day moving average (MA) of $36.30 and further support at its 200-day MA of $33.78.

Omnicare share prices have moved between a 52-week high of $39.23 and a 52-week low of $29.24 and are now trading 33% above that low price at $38.89 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.0%.

Omnicare, Inc. provides geriatric pharmaceutical services. The Company distributes pharmaceuticals, and provides related pharmacy consulting and other ancillary services, data management services and medical supplies to skilled nursing facilities, assisted living facilities, retirement centers, independent living communities, hospitals, hospice, and other healthcare providers.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Relatively Good Performance Detected in ...

Below are the top five companies in the Trucking industry as measured by relative perfo ...

Possible Bearish Inside Day Candle Patte...

Analysts have spotted a possible bearish inside day candle pattern in Sasol (NYSE:SSL) ...

Possible Bearish Inside Day Candle Patte...

Analyzing the price chart for Montpelier Re Holdings (NYSE:MRH) has revealed a potenti ...

Shares of First Niagara Financial Group ...

Below are the top five companies in the Thrifts & Mortgage Finance industry as measured ...

Bottom 5 Companies in the Steel Industry...

Below are five companies in the Steel industry that underperformed yesterday on a relat ...

Shares of VASCO Data Security Internatio...

Here are the top 5 stocks in the Systems Software industry ranked by performance. We c ...

Analysis of Relative Performance in the ...

Below are five companies in the Specialty Chemicals industry that underperformed yester ...

Relatively Good Performance Detected in ...

Below are the top five companies in the Steel industry as measured by relative performa ...