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 = 521893 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Perfect World Shares Sinking Lower, Down 4.9%

Published on Mon, 06/24/2013 - 10:43
By Adrienne Chilton

One of today's notable stocks in decline is Perfect World (NASDAQ:PWRD), down 4.9% to $15.05. The S&P is currently trading 1.4% lower to 1,570 and the Dow Jones Industrial Average is trading 1.2% lower to 14,622.

In the past 52 weeks, Perfect World share prices have been bracketed by a low of $8.92 and a high of $17.25 and are now at $15.05, 69% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.2% while the 50-day MA has advanced 5.0%.

Perfect World (NASDAQ:PWRD) defies analysts with a current price ($15.05) 12.8% above its average consensus price target of $13.12. The stock should find initial support at its 50-day moving average (MA) of $13.25 and further support at its 200-day MA of $11.57.

Perfect World Co Limited develops and operates online games. The Company primarily develops 3D gaming technologies.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Helmerich & Payne Down 1.2% Since Credit...

One week ago Helmerich & Payne (NYSE:HP) was upgraded from Underperform to Neutral at C ...

URS Defies the Rating: Up 1.3% Fails to ...

Sterne Agee downgraded URS (NYSE:URS) from Buy to Neutral a week ago. The shares close ...

Analyst Rating Flashback: Luxottica Down...

Goldman Sachs upgraded Luxottica (NYSE:LUX) from Sell to Neutral a week ago. The stock ...

Sotheby's Up 7.4% Since Williams Capital...

Sotheby's was upgraded from Underperform to Perform by Williams Capital one week ago. ...

Fabrinet In Retrospect: Shares Down 19....

A week ago, B. Riley downgraded Fabrinet from Buy to Neutral. The shares closed at $1 ...

Pfsweb Fulfills the Promise: Up 3.7% Sin...

A week ago, B. Riley upgraded Pfsweb from Neutral to Buy. Pfsweb stocks closed at $8.7 ...

Analyst Rating In Review: Freeport-McMoR...

One week ago Freeport-McMoRan (NYSE:FCX) was downgraded from Buy to Hold at Stifel. Fr ...

Viasat Up 4.6% Since Oppenheimer Downgra...

A week ago, Oppenheimer downgraded Viasat from Outperform to Perform. Viasat shares ar ...