• 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 = 431350 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1417231011 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1417231011 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Brocade Communications Systems Makes a Move: Down 1.9%

Published on Tue, 01/29/2013 - 11:24
By Robert Cotter

Down 1.9% to $5.65, Brocade Communications Systems (NASDAQ:BRCD), is one of today's notable movers. The S&P is currently trading fractionally higher to 1,502 and the Dow Jones Industrial Average is trading 0.2% higher to 13,917.

Brocade Communications Systems (NASDAQ:BRCD) has potential upside of 12.4% based on a current price of $5.65 and analysts' consensus price target of $6.35. The stock should find initial support at its 50-day moving average (MA) of $5.53 and further support at its 200-day MA of $5.37.

Brocade Communications Systems, Inc. provides switching solutions for storage area networks (SAN). The Company's switching solutions utilize the fiber channel interconnect protocol. Brocade's family of SilkWorm switches enables a company to manage growth of its data storage requirements, improve the data transfer performance, and increase the size of its SAN.

In the past 52 weeks, Brocade Communications Systems share prices have been bracketed by a low of $4.18 and a high of $6.44 and are now at $5.65, 35% above that low price. The 200-day and 50-day moving averages have moved 0.07% higher and 0.31% higher over the past week, respectively.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Recent 52-Week High Exceeded in Shares o...

Shares of Xcel Energy (NYSE:XEL) traded at a new 52-week high today of $34.10. So far ...

Wyndham Worldwide: The Winning Streak Co...

Shares of Wyndham Worldwide (NYSE:WYN) traded today at $84.06, breaking its 52-week hig ...

Shares of Western Union Have Risen Above...

Western Union (NYSE:WU) traded at a new 52-week high today of $18.66. So far today app ...

Watch for Continued Gains in Shares of A...

Aqua America (NYSE:WTR) traded today at a new 52-week high of $26.90. Approximately 43 ...

W&T Offshore: The Losing Streak Continue...

Shares of W&T Offshore (NYSE:WTI) traded at a new 52-week low today of $7.52. Approxim ...

Shares of West Pharmaceutical Services R...

West Pharmaceutical Services (NYSE:WST) traded today at a new 52-week high of $53.28. ...

Warren Resources Looks to Continue to Tr...

Warren Resources (NASDAQ:WRES) traded at a new 52-week low today of $2.05. So far toda ...

Recent 52-Week High Exceeded in Shares o...

WR Berkley (NYSE:WRB) traded today at a new 52-week high of $52.77. Approximately 152, ...