• 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 = 496395 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 >= 1417231052 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 >= 1417231052 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Infosys Technologies Shares Sinking Lower, Down 1.1%

Published on Thu, 05/09/2013 - 10:35
By Peter Chu

Infosys Technologies (NASDAQ:INFY) is one of today's biggest movers, down 1.1% to $43.33. The S&P is trading fractionally lower to 1,629 and the Dow is trading fractionally lower to 15,093.

Infosys Technologies Limited provides IT consulting and software services, including e-business, program management and supply chain solutions. The Group's services include application development, product co-development, and system implementation and system engineering. Infosys targets businesses specializing in the insurance, banking, telecommunication and manufacturing sectors.

Over the past year, Infosys Technologies has traded in a range of $37.93 to $68.52 and is now at $43.33, 14% above that low. The 200-day and 50-day moving averages have moved 0.13% higher and 1.27% lower over the past week, respectively.

Infosys Technologies (NASDAQ:INFY) has potential upside of 5.1% based on a current price of $43.33 and analysts' consensus price target of $45.55. The stock should find initial resistance at its 200-day moving average (MA) of $46.30 and further resistance at its 50-day MA of $49.02.

By Peter Chu
pchu@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, ...