user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 420238 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Stock Investors Bid Up Shares of Syntel, Up 1.4%

Published on Fri, 01/11/2013 - 11:26
By Peter Chu

Syntel (NASDAQ:SYNT) is one of today's notable stocks on the rise, up 1.4% to $55.67. The S&P is trading fractionally lower to 1,470 and the Dow is trading fractionally lower to 13,467.

Syntel, Inc. delivers custom outsourcing solutions through a broad spectrum of information technology and information technology-enabled services. The Company's services support entire systems and process lifecycles for clients in the Financial Services, Retail, Healthcare and Automotive industries. With over 3300 employees worldwide, Syntel is SEI/CMM level 5 and ISO 9001:2000 certified.

Potential upside of 19.6% exists for Syntel, based on a current level of $55.67 and analysts' average consensus price target of $66.56. The stock should run into initial resistance at its 50-day moving average (MA) of $57.72 and subsequent resistance at its 200-day MA of $58.50.

In the past 52 weeks, shares of Syntel have traded between a low of $44.37 and a high of $65.19 and are now at $55.67, which is 25% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1%.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Shares of Iron Mountain Underperformed i...

Below are five companies in the Diversified Support Services industry that underperform ...

Analysis of Relative Performance in the ...

Below are five companies in the Diversified REITs industry that underperformed yesterda ...

Short-term Underperformance Detected in ...

Below are five companies in the Diversified Metals & Mining industry that underperforme ...

Olin had the Lowest Relative Performance...

Analysis was conducted on the Diversified Chemicals industry to measure relative perfor ...

Top 5 Companies in the Steel Industry wi...

Below are the top five companies in the Steel industry as measured by relative performa ...

Bottom 5 Companies in the Diversified Ba...

Here are 5 stocks in the Diversified Banks industry ranked by performance. We compiled ...

Best Relative Performance in the Special...

We looked at the Specialized REITs industry and measured relative performance to find t ...

Dillard's has Relatively Underperformed ...

Here are 5 stocks in the Department Stores industry ranked by performance. We compiled ...