Down 2.3% to $7.30, NCI (NASDAQ:NCIT), is one of today's notable movers. The Dow is up 0.2% to 12,874 and the S&P is currently trading fractionally higher to 1,346.
NCI, Inc. designs, installs and maintains information technology systems and networks for government agencies. The Company offers network engineering, information assurance, systems development and integration, and enterprise systems management services.
Over the past year, NCI has traded in a range of $7.22 to $25.24 and is now at $7.30, 1% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.5% while the 50-day MA has declined 2.2%.
There is potential upside of 59.8% for shares of NCI based on a current price of $7.30 and an average consensus analyst price target of $11.67. The stock should run into initial resistance at its 50-day moving average (MA) of $10.68 and subsequent resistance at its 200-day MA of $16.24.
