Shares of ADA-ES Under Pressure, Down 2.3%

Published on Tue, 05/13/2014 - 10:53
By Peter Chu in Market movers, ADES, ada-es, market movers, nasdaq:ades

ADA-ES (NASDAQ:ADES) is one of today's notable stocks in decline, down 2.3% to $19.54. The Dow is trading fractionally higher to 16,729 and the S&P is currently up 0.2% to 1,901.

Potential upside of 61.2% exists for ADA-ES, based on a current level of $19.54 and analysts' average consensus price target of $31.50. The stock should find initial resistance at its 50-day moving average (MA) of $29.34 and further resistance at its 200-day MA of $42.06.

In the past 52 weeks, shares of ADA-ES have traded between the current low of $19.54 and a high of $58.33 and are now at $19.54. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 6.4%.

ADA-ES, Inc. is an environmental technology/specialty company that supplies powdered activated carbon, injection systems, and related services. The Company helps electric utility companies meet environmental regulations. ADA-ES provides ash improvements, optimizes baghouse performance, provides flue gas conditioning additives, and provides other products and services.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

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

Wyndham Worldwide (NYSE:WYN) traded at a new 52-week high today of $78.98. So far toda ...

Whiting Petroleum Looks to Continue to T...

Shares of Whiting Petroleum (NYSE:WLL) traded today at $91.00, breaking its 52-week hig ...

Weatherford International: 52-Week High ...

Weatherford International (NYSE:WFT) traded at a new 52-week high today of $24.88. So ...

Watch for Continued Gains in Shares of W...

Shares of Wabtec (NYSE:WAB) traded today at $85.18, breaking its 52-week high. This ne ...

Watch for Continued Gains in Shares of V...

Shares of Vanguard Natural Resources (NYSE:VNR) traded today at $33.04, breaking its 52 ...

VASCO Data Security International: The W...

VASCO Data Security International (NASDAQ:VDSI) traded at a new 52-week high today of $ ...

Shares of Universal Health Services Have...

Shares of Universal Health Services (NYSE:UHS) traded at a new 52-week high today of $9 ...

Shares of UDR Have Risen Above Previous ...

Shares of UDR (NYSE:UDR) traded today at $28.95, breaking its 52-week high. So far tod ...