Stock Investors Bid Up Shares of Ixia, Up 1.6%

Published on Mon, 05/13/2013 - 12:34
By Robert Cotter in Market movers, XXIA, ixia, market movers, nasdaq:xxia

Up 1.6% to $15.53, Ixia (NASDAQ:XXIA), is one of today's notable movers. The S&P is trading fractionally higher to 1,635 and the Dow is trading fractionally lower to 15,088.

Over the past year, Ixia has traded in a range of $9.95 to $22.50 and is now at $15.53, 56% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.8% while the 200-day MA has risen 0.3%.

Ixia (NASDAQ:XXIA) has potential upside of 46.8% based on a current price of $15.53 and analysts' consensus price target of $22.80. Ixia shares should first meet resistance at the 200-day moving average (MA) of $16.97 and find additional resistance at the 50-day MA of $18.67.

Ixia provides high speed, multi-port network performance analysis systems. The Company's systems generate and analyze data traffic, including voice over Internet protocol traffic.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Recent 52-Week Low Surpassed in Shares o...

Unisys (NYSE:UIS) traded at a new 52-week low today of $21.09. Approximately 5.1 milli ...

TransCanada: 52-Week High Recently Eclip...

TransCanada (NYSE:TRP) traded at a new 52-week high today of $51.46. So far today appr ...

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

Shares of Trinity Industries (NYSE:TRN) traded today at $46.17, breaking its 52-week hi ...

Watch for Continued Gains in Shares of S...

Shares of Sasol (NYSE:SSL) traded today at $60.69, breaking its 52-week high. So far t ...

Shares of China Petroleum & Chemical Ris...

China Petroleum & Chemical (NYSE:SNP) traded today at a new 52-week high of $98.89. Ap ...

Saia Looks to Continue to Trade Above it...

Shares of Saia (NASDAQ:SAIA) traded at a new 52-week high today of $47.94. So far toda ...

Watch for Continued Gains in Shares of R...

Robert Half International (NYSE:RHI) traded today at a new 52-week high of $53.08. So ...

RPC Looks to Continue to Trade Above its...

RPC (NYSE:RES) traded at a new 52-week high today of $24.50. So far today approximatel ...