Stock Investors Bid Up Shares of Polypore International, Up 2.4%

Published on Tue, 03/05/2013 - 11:22
By Mallory Stone in Market movers, PPO, market movers, nyse:ppo, polypore international

Up 2.4% to $39.94, Polypore International (NYSE:PPO), is one of today's notable movers. The Dow Jones Industrial Average is now trading 1.1% higher to 14,283 and the S&P is trading 1.1% higher to 1,542.

Polypore International, Inc. develops, manufactures, and markets specialized polymer-based membranes used in separation and filtration processes. The Company serves customers globally with manufacturing facilities in North America, Europe, and Asia.

In the past 52 weeks, shares of Polypore International have traded between a low of $30.39 and a high of $48.42 and are now at $39.94, which is 31% above that low price. The 200-day and 50-day moving averages have moved 0% lower and 0.75% lower over the past week, respectively.

Polypore International (NYSE:PPO) is currently priced 6.5% above its average consensus analyst price target of $37.33. The stock should find resistance at its 50-day moving average (MA) of $41.36, as well as support at its 200-day MA of $37.73.

By Mallory Stone
mstone@fnno.com

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