Stock Investors Bid Up Shares of Exponent, Up 2.1%

Published on Mon, 12/31/2012 - 13:31
By Robert Cotter in Market movers, EXPO, exponent, market movers, nasdaq:expo

One of today's notable stocks on the rise is Exponent (NASDAQ:EXPO), up 2.1% to $54.85. The S&P is trading higher by 0.9% to 1,416 and the Dow is trading 0.7% higher to 13,025.

Over the past year, Exponent has traded in a range of $35.56 to $58.92 and is now at $54.85, 54% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.4%.

Exponent, Inc. is a science and engineering consulting firm that provides solutions and information to complex problems. The Company performs scientific research and analysis, or evaluations, to solve complicated issues facing a range of industries and governments.

Exponent has overhead space with shares priced $54.85, or 9.3% below the average consensus analyst price target of $60.50. The stock should find initial support at its 50-day moving average (MA) of $53.10 and further support at its 200-day MA of $51.44.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Recent 52-Week High Exceeded in Shares o...

Wyndham Worldwide (NYSE:WYN) traded at a new 52-week high today of $78.98. So far toda ...

Whiting Petroleum Looks to Continue to T...

Shares of Whiting Petroleum (NYSE:WLL) traded today at $91.00, breaking its 52-week hig ...

Weatherford International: 52-Week High ...

Weatherford International (NYSE:WFT) traded at a new 52-week high today of $24.88. So ...

Watch for Continued Gains in Shares of W...

Shares of Wabtec (NYSE:WAB) traded today at $85.18, breaking its 52-week high. This ne ...

Watch for Continued Gains in Shares of V...

Shares of Vanguard Natural Resources (NYSE:VNR) traded today at $33.04, breaking its 52 ...

VASCO Data Security International: The W...

VASCO Data Security International (NASDAQ:VDSI) traded at a new 52-week high today of $ ...

Shares of Universal Health Services Have...

Shares of Universal Health Services (NYSE:UHS) traded at a new 52-week high today of $9 ...

Shares of UDR Have Risen Above Previous ...

Shares of UDR (NYSE:UDR) traded today at $28.95, breaking its 52-week high. So far tod ...