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 = 498234 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Exide Technologies Up 8.6%, Penny Stock Attracts Attention (XIDE)

Published on Mon, 05/13/2013 - 12:26
By Robert Cotter

Exide Technologies (NASDAQ:XIDE) is one of today's best performing penny stocks, up 8.6% to $0.95 on 1.1x average daily volume. Exide Technologies has traded 3.7 million shares thus far today, vs. average volume of 3.4 million shares per day. The stock has outperformed the Dow (8.6% to the Dow's -0.2%) and outperformed the S&P 500 (8.6% to the S&P's 0.1%) during today's trading.

Exide Technologies (NASDAQ:XIDE) has potential upside of 373.7% based on a current price of $0.95 and analysts' consensus price target of $4.50. Exide Technologies shares should first meet resistance at the 50-day moving average (MA) of $1.88 and find additional resistance at the 200-day MA of $2.79.

Exide Technologies share prices have moved between a 52-week high of $3.77 and a 52-week low of $0.64 and are now trading 48% above that low price at $0.95 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 9.2% while the 200-day MA has slid 2.2%.

Exide Technologies produces and recycles lead-acid batteries. The Company's global transportation and industrial energy groups provide a range of stored electrical energy products and services for industrial and transportation applications.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Shares of United Therapeutics Have Risen...

United Therapeutics (NASDAQ:UTHR) traded at a new 52-week high today of $119.06. So fa ...

Shares of United Rentals Rise to a New 5...

United Rentals (NYSE:URI) traded today at a new 52-week high of $119.50. So far today ...

Union Pacific Looks to Continue to Trade...

Shares of Union Pacific (NYSE:UNP) traded today at $106.55, breaking its 52-week high. ...

Unum Group Looks to Continue to Trade Ab...

Shares of Unum Group (NYSE:UNM) traded today at $36.75, breaking its 52-week high. Thi ...

Watch for Continued Gains in Shares of U...

Shares of United Bankshares (NASDAQ:UBSI) traded at a new 52-week high today of $33.55. ...

Watch for Continued Gains in Shares of T...

Tata Motors (NYSE:TTM) traded at a new 52-week high today of $48.64. This new high was ...

Shares of Tesla Motors Inc Rise Above Pr...

Tesla Motors Inc (NASDAQ:TSLA) traded today at a new 52-week high of $284.89. This new ...

Trinity Industries: The Winning Streak C...

Trinity Industries (NYSE:TRN) traded at a new 52-week high today of $49.65. This new h ...