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 = 432420 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Shares of MasTec Under Pressure, Down 1.4%

Published on Wed, 01/30/2013 - 11:30
By Adrienne Chilton

MasTec (NYSE:MTZ) is one of today's notable stocks in decline, down 1.4% to $28.30. The Dow is trading fractionally lower to 13,937 and the S&P is currently down 0.2% to 1,505.

There is potential upside of 0.9% for shares of MasTec based on a current price of $28.30 and an average consensus analyst price target of $28.56. The stock should discover initial support at its 50-day moving average (MA) of $24.62 and subsequent support at its 200-day MA of $19.71.

MasTec, Inc. builds internal and external voice, video, data, Internet, and other computer and communications networks. The Company designs, installs, constructs, and maintains aerial, underground, and buried copper, coaxial, and fiber optic cable networks, as well as wireless antenna networks. Customers include telecommunications service providers and cable television operators.

Over the past year, MasTec has traded in a range of $12.86 to $28.71 and is now at $28.30, 120% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.5%.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Shares of Noble Energy Under Pressure, D...

Noble Energy (NYSE:NBL), a company whose shares are moving quickly, is trading 1.7% low ...

Shares of Tech Data Receive a Boost, Up ...

Tech Data (NASDAQ:TECD) is one of today's biggest movers, up 1.7% to $68.64. The Dow J ...

Shares of Stonemor Partners Receive a Bo...

Stonemor Partners (NASDAQ:STON) is a company whose shares are active, trading 1.7% high ...

Shares of Assured Guaranty Receive a Boo...

One of today's stocks on the move is Assured Guaranty (NYSE:AGO), up 1.7% to $24.56. T ...

Discover Financial Services Shares Climb...

One of today's stocks on the move is Discover Financial Services (NYSE:DFS), up 1.7% to ...

Willis Lease Finance Makes a Move: Up 1....

Up 1.7% to $21.54, Willis Lease Finance (NASDAQ:WLFC), is one of today's notable movers ...

Hilltop Holdings Makes a Move: Up 1.7%...

Hilltop Holdings (NYSE:HTH), a company whose shares are moving quickly, is trading 1.7% ...

Rex Energy Makes a Move: Down 1.7%...

Down 1.7% to $15.02, Rex Energy (NASDAQ:REXX), is one of today's notable movers. The D ...