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Stock Investors Bid Up Shares of Innovative Solutions & Support, Up 2.2%

Published on Fri, 04/19/2013 - 10:22
By Adrienne Chilton

Innovative Solutions & Support (NASDAQ:ISSC) is a company whose shares are active, trading 2.2% higher to $8.06. The S&P is currently trading 0.4% higher to 1,548 and the Dow Jones Industrial Average is trading 0.4% lower to 14,481.

Over the past year, Innovative Solutions & Support has traded in a range of $3.02 to $8.25 and is now at $8.06, 167% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 2.2% while the 50-day MA has advanced 6.0%.

There is potential upside of 24.1% for shares of Innovative Solutions & Support based on a current price of $8.06 and an average consensus analyst price target of $10.00. Innovative Solutions & Support shares have support at the 50-day moving average (MA) of $5.24 and additional support at the 200-day MA of $4.25.

Innovative Solutions and Support, Inc. designs, manufactures, and sells flight information computers, electronic displays, and advanced monitoring systems to the military and government, commercial air transport, and corporate aviation markets. The Company's products measure and display flight information, including air data, such as airspeed and altitude, and engine and fuel data.

By Adrienne Chilton