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 = 489816 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Stock Investors Sell Off Shares of Fastenal, Down 2.3%

Published on Tue, 04/30/2013 - 12:23
By Robert Cotter

Down 2.3% to $48.77, Fastenal (NASDAQ:FAST), is one of today's notable movers. The Dow is trading fractionally higher to 14,820 and the S&P is currently trading fractionally higher to 1,596.

In the past 52 weeks, shares of Fastenal have traded between a low of $37.61 and a high of $53.38 and are now at $48.77, which is 30% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.3%.

Fastenal Company sell industrial and construction supplies in a wholesale and retail fashion. The Company markets its products and services throughout the United States, Canada, Mexico, Puerto Rico, Singapore, China, and The Netherlands.

There is potential upside of 1.5% for shares of Fastenal based on a current price of $48.77 and an average consensus analyst price target of $49.50. Fastenal shares should encounter resistance at the 50-day moving average (MA) of $50.39 and support at its 200-day MA of $45.92.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Walter Energy Looks to Continue to Trade...

Shares of Walter Energy (NYSE:WLT) traded today at $3.05, breaking its 52-week low. So ...

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

Shares of WellPoint (NYSE:WLP) traded today at $121.59, breaking its 52-week high. So ...

Wells Fargo Looks to Continue to Trade A...

Shares of Wells Fargo (NYSE:WFC) traded today at $53.32, breaking its 52-week high. Th ...

Shares of Waste Connections Rise Above P...

Shares of Waste Connections (NYSE:WCN) traded at a new 52-week high today of $50.66. T ...

VirnetX Holding: New 52-Week Low Set Tod...

Shares of VirnetX Holding (AMEX:VHC) traded today at $4.18, breaking its 52-week low. ...

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

VF Corp (NYSE:VFC) traded today at a new 52-week high of $67.01. Approximately 926,000 ...

Shares of UQM Technologies Fall Below Pr...

UQM Technologies (AMEX:UQM) traded today at a new 52-week low of $1.22. So far today a ...

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

Shares of Union Pacific (NYSE:UNP) traded today at $110.26, breaking its 52-week high. ...