One of today's stocks on the move is OSI Systems (NASDAQ:OSIS), down 3.6% to $67.22. The S&P is trading fractionally higher to 2,005 and the Dow is trading fractionally higher to 17,109.
OSI Systems, Inc. produces medical monitoring and anesthesia systems, security and inspection systems, and lasers, optics, and optoelectronic components. The Company's products include blood pressure monitors, anesthesia machines and hemoglobin saturation monitors, systems for inspecting baggage, people, and vehicles, and lasers, lenses, prisms, and microelectronic components.
OSI Systems (NASDAQ:OSIS) has potential upside of 14.5% based on a current price of $67.22 and analysts' consensus price target of $77.00. The stock should discover initial support at its 50-day moving average (MA) of $66.62 and subsequent support at its 200-day MA of $61.79.
OSI Systems share prices have moved between a 52-week high of $81.23 and a 52-week low of $31.00 and are now trading 117% above that low price at $67.22 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.9%.