SolarWinds Makes a Move: Down 99.3%

Published on Fri, 02/08/2013 - 13:13
By Adrienne Chilton in Market movers, SWI, market movers, nyse:swi, solarwinds

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.

By Adrienne Chilton
achilton@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 ...