One of today's stocks on the move is Hanger Orthopedic (NYSE:HGR), down 2.2% to $18.87. The Dow is down 0.3% to 12,681 and the S&P is currently down 0.2% to 1,312.
In the past 52 weeks, shares of Hanger Orthopedic have traded between a low of $14.57 and a high of $28.47 and are now at $18.87, which is 30% above that low price. The 200-day and 50-day moving averages have moved 0.7% lower and 0.87% higher over the past week, respectively.
Hanger Orthopedic Group, Inc. is a professional practice management company focused on the orthotic and prosthetic (O&P) of the orthopedic rehabilitation industry. The Company acquires and operates O&P businesses throughout the United States, as well as manufactures O&P devices.
Potential upside of 28.5% exists for Hanger Orthopedic, based on a current level of $18.87 and analysts' average consensus price target of $24.25. Hanger Orthopedic shares should encounter resistance at the 200-day moving average (MA) of $21.00 and support at the 50-day MA of $17.20.
