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 = 419031 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Myriad Genetics Gives Way to the Analysts: Down 2.3% Since Last Week's Downgrade

Published on Thu, 01/10/2013 - 10:11
By Mallory Stone

JP Morgan downgraded Myriad Genetics (NASDAQ:MYGN) from Neutral to Underweight a week ago. Myriad Genetics stocks closed at $27.05, a 2.3% loss over the course of one week.

Myriad Genetics has overhead space with shares priced $27.24, or 13.6% below the average consensus analyst price target of $31.55. The stock should hit resistance at its 50-day moving average (MA) of $28.17, as well as support at its 200-day MA of $26.00.

Over the past year, Myriad Genetics has traded in a range of $17.51 to $31.80 and is now at $27.24, 56% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.2%.

Myriad Genetics, Inc. develops and markets molecular diagnostic products to provide physicians with information to help guide the care of their patients, to prevent disease, delay the onset of disease, or catch disease at an early stage.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Toronto-Dominion Bank: The Winning Strea...

Shares of Toronto-Dominion Bank (NYSE:TD) traded at a new 52-week high today of $53.49. ...

TravelCenters of America Looks to Contin...

Shares of TravelCenters of America (AMEX:TA) traded at a new 52-week high today of $11. ...

Shares of Sempra Energy Rise Above Previ...

Sempra Energy (NYSE:SRE) traded today at a new 52-week high of $105.32. This new high ...

Shares of Signet Jewelers Rise to a New ...

Signet Jewelers (NYSE:SIG) traded today at a new 52-week high of $117.42. Approximatel ...

Watch for Continued Gains in Shares of S...

Sherwin-Williams (NYSE:SHW) traded at a new 52-week high today of $218.79. This new hi ...

Watch for Continued Gains in Shares of S...

Shares of Service International (NYSE:SCI) traded today at $22.17, breaking its 52-week ...

Dr Reddys Laboratories: The Winning Stre...

Dr Reddys Laboratories (NYSE:RDY) traded at a new 52-week high today of $48.93. Approx ...

QEP Resources Looks to Continue to Trade...

QEP Resources (NYSE:QEP) traded today at a new 52-week high of $35.47. Approximately 5 ...