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Shares of CRA International Receive a Boost, Up 2.6%

Published on Tue, 02/19/2013 - 11:22
By Peter Chu

One of today's stocks on the move is CRA International (NASDAQ:CRAI), up 2.6% to $22.11. The Dow Jones Industrial Average is now trading 0.4% higher to 14,033 and the S&P is trading 0.4% higher to 1,526.

CRA International Inc. is an economic and business consulting firm that serves a broad range of clients. The Company provides legal and regulatory consulting and business consulting to clients such as law firms, corporations, government agencies, utilities, and national and international trade associations.

In the past 52 weeks, CRA International share prices have been bracketed by a low of $13.41 and a high of $27.93 and are now at $22.11, 65% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.6%.

Based on a current price of $22.11, CRA International is currently 0.5% above its average consensus analyst price target of $22.00. The stock should find initial support at its 50-day moving average (MA) of $18.92 and further support at its 200-day MA of $17.31.

By Peter Chu
pchu@fnno.com