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 = 450385 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Buyers Accumulate Shares of Westpac Banking, Up 1.6%

Published on Thu, 02/28/2013 - 11:32
By Adrienne Chilton

Up 1.6% to $157.40, Westpac Banking (NYSE:WBK), is one of today's notable movers. The Dow Jones Industrial Average is now trading fractionally lower to 14,055 and the S&P is trading fractionally lower to 1,515.

Westpac Banking Corporation offers general and savings banking, including lending, deposit taking and payment services. Westpac also provides investment portfolio management and advice, unit trust and superannuation fund management, nominee and custodian facilities, insurance services, consumer finance, leasing, general finance, foreign exchange dealing and money market services.

In the past 52 weeks, shares of Westpac Banking have traded between a low of $97.25 and a high of $157.62 and are now at $157.40, which is 62% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.8%.

Westpac Banking (NYSE:WBK) is currently priced 14.9% above its average consensus analyst price target of $133.95. The stock should find initial support at its 50-day moving average (MA) of $143.11 and further support at its 200-day MA of $126.69.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

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

Verint Systems (NASDAQ:VRNT) traded at a new 52-week high today of $57.08. So far toda ...

Ternium: New 52-Week Low Set Today (TX)...

Ternium (NYSE:TX) traded today at a new 52-week low of $23.64. So far today approximat ...

TTM Technologies: New 52-Week Low Set To...

Shares of TTM Technologies (NASDAQ:TTMI) traded today at $6.71, breaking its 52-week lo ...

Watch for Continued Gains in Shares of T...

Shares of Teekay (NYSE:TK) traded today at $67.98, breaking its 52-week high. Approxim ...

Shares of TICC Capital Fall Below Previo...

Shares of TICC Capital (NASDAQ:TICC) traded today at $8.83, breaking its 52-week low. ...

Shares of Syngenta Fall Below Previous 5...

Syngenta (NYSE:SYT) traded at a new 52-week low today of $63.26. So far today approxim ...

Sohu.com: The Losing Streak Continues (S...

Shares of Sohu.com (NASDAQ:SOHU) traded today at $50.75, breaking its 52-week low. So ...

Synchronoss Technologies: The Winning St...

Synchronoss Technologies (NASDAQ:SNCR) traded today at a new 52-week high of $46.74. T ...