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Stock Investors Bid Up Shares of NCR, Up 2.3%

Published on Thu, 06/27/2013 - 10:43
By Mallory Stone

NCR (NYSE:NCR) is a company whose shares are active, trading 2.3% higher to $33.35. The S&P is currently trading 0.9% higher to 1,617 and the Dow Jones Industrial Average is trading 1.0% higher to 15,056.

NCR (NYSE:NCR) defies analysts with a current price ($33.35) 0.3% above its average consensus price target of $33.25. The stock should find initial support at its 50-day moving average (MA) of $30.85 and further support at its 200-day MA of $26.68.

NCR Corporation manufactures financial transaction machines and other products. The Company produces automated teller machines (ATM), self-checkout and self-service kiosks, point-of-sale workstations and scanners, manufactures printer consumable products, and manages networks and servers for ATMs and kiosks.

In the past 52 weeks, NCR share prices have been bracketed by a low of $20.44 and a high of $34.31 and are now at $33.35, 63% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.5%.

By Mallory Stone