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Shares of Korn/Ferry International Receive a Boost, Up 2.9%

Published on Mon, 01/28/2013 - 13:17
By Adrienne Chilton

One of today's stocks on the move is Korn/Ferry International (NYSE:KFY), up 2.9% to $16.78. The S&P is trading fractionally lower to 1,501 and the Dow is trading fractionally lower to 13,886.

There is potential upside of 2.5% for shares of Korn/Ferry International based on a current price of $16.78 and an average consensus analyst price target of $17.20. The stock should find initial support at its 50-day moving average (MA) of $15.06 and further support at its 200-day MA of $14.53.

Korn/Ferry International is an executive search firm with consultants based in offices across various countries. The Company provides its services on a retained basis and serves the recruitment needs of its clients from middle to executive management. Korn/Ferry also offers Futurestep, an Internet-based search service for middle-management positions.

In the past 52 weeks, shares of Korn/Ferry International have traded between a low of $12.10 and a high of $17.27 and are now at $16.78, which is 39% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%.

By Adrienne Chilton
achilton@fnno.com

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