Shares of LivePerson Under Pressure, Down 3.0%

Published on Mon, 07/07/2014 - 13:39
By Mallory Stone in Market movers, LPSN, liveperson, market movers, nasdaq:lpsn

One of today's notable stocks in decline is LivePerson (NASDAQ:LPSN), down 3.0% to $10.18. The Dow is down 0.3% to 17,010 and the S&P is currently down 0.5% to 1,976.

Over the past year, LivePerson has traded in a range of $8.84 to $15.24 and is now at $10.18, 15% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has risen 0.2%.

LivePerson, Inc. provides technology that facilitates real-time sales and customer service for companies doing business on the Internet. The Company, an application service provider, offers its real-time interaction technology as an outsourced service.

There is potential upside of 36.7% for shares of LivePerson based on a current price of $10.18 and an average consensus analyst price target of $13.92. The stock should find resistance at its 200-day moving average (MA) of $11.34, as well as support at its 50-day MA of $9.68.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

U.S. Steel: 52-Week High Recently Eclips...

U.S. Steel (NYSE:X) traded at a new 52-week high today of $33.19. This new high was re ...

WellPoint Looks to Continue to Trade Abo...

Shares of WellPoint (NYSE:WLP) traded at a new 52-week high today of $116.50. So far t ...

Watch for Continued Gains in Shares of W...

Shares of Westmoreland Coal (AMEX:WLB) traded today at $43.84, breaking its 52-week hig ...

Recent 52-Week Low Surpassed in Shares o...

Shares of UBS (NYSE:UBS) traded at a new 52-week low today of $17.44. Approximately 4. ...

Grupo Televisa Looks to Continue to Trad...

Shares of Grupo Televisa (NYSE:TV) traded today at $36.18, breaking its 52-week high. ...

Shares of Trinity Industries Rise Above ...

Trinity Industries (NYSE:TRN) traded at a new 52-week high today of $47.83. This new h ...

Watch for Continued Gains in Shares of P...

Shares of Post Properties (NYSE:PPS) traded today at $55.82, breaking its 52-week high. ...

Pike Electric: The Losing Streak Continu...

Pike Electric (NYSE:PIKE) traded at a new 52-week low today of $8.10. This new low was ...