SolarWinds (NYSE:SWI) is one of today's biggest movers, down 99.3% to $53.30. The S&P is trading higher by 0.5% to 1,516 and the Dow is trading 0.3% higher to 13,990.
Solarwinds, Inc. provides enterprise-class network management software. The Company's products includes individual software tools, products, and help for network management.
Potential upside of 11.8% exists for SolarWinds, based on a current level of $53.30 and analysts' average consensus price target of $59.57. The stock should hit resistance at its 50-day moving average (MA) of $54.70, as well as support at its 200-day MA of $51.18.
In the past 52 weeks, SolarWinds share prices have been bracketed by a low of $33.04 and a high of $60.95 and are now at $53.30, 61% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has remained constant.