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 = 432378 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Shares of Ebix Under Pressure, Down 1.6%

Published on Wed, 01/30/2013 - 11:26
By Peter Chu

One of today's notable stocks in decline is Ebix (NASDAQ:EBIX), down 1.6% to $16.44. The S&P is trading lower by 0.2% to 1,505 and the Dow is trading fractionally lower to 13,937.

Potential upside of 76.4% exists for Ebix, based on a current level of $16.44 and analysts' average consensus price target of $29.00. The stock should find resistance at its 200-day moving average (MA) of $19.92, as well as support at its 50-day MA of $16.40.

Ebix, Inc. supplies software and electronic commerce solutions to the insurance industry. The Company provides a series of application software ranging from carrier systems, agency systems, and exchanges to custom software development for all entities involved in the insurance and financial industries. Ebix provides products, support, and consultancy to customers on several continents.

In the past 52 weeks, shares of Ebix have traded between a low of $13.02 and a high of $30.35 and are now at $16.44, which is 26% above that low price. The 200-day and 50-day moving averages have moved 0.38% lower and 0.18% higher over the past week, respectively.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

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

WPX Energy (NYSE:WPX) traded today at a new 52-week high of $24.78. So far today appro ...

Waste Management: 52-Week High Recently ...

Waste Management (NYSE:WM) traded at a new 52-week high today of $46.40. Approximately ...

Shares of Vector Group Rise to a New 52-...

Vector Group (NYSE:VGR) traded today at a new 52-week high of $23.01. So far today app ...

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

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

Shares of URS Have Risen Above Previous ...

URS (NYSE:URS) traded today at a new 52-week high of $60.31. This new high was reached ...

Shares of United Rentals Have Risen Abov...

United Rentals (NYSE:URI) traded today at a new 52-week high of $116.63. This new high ...

Union Pacific Looks to Continue to Trade...

Shares of Union Pacific (NYSE:UNP) traded today at $104.75, breaking its 52-week high. ...

Shares of Universal Health Services Rise...

Shares of Universal Health Services (NYSE:UHS) traded at a new 52-week high today of $1 ...