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 = 478512 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 Polycom, Down 3.0%

Published on Mon, 04/15/2013 - 10:32
By Peter Chu

Down 3.0% to $10.95, Polycom (NASDAQ:PLCM), is one of today's notable movers. The Dow is down 0.4% to 14,799 and the S&P is currently down 0.5% to 1,580.

Polycom, Inc. develops, manufactures, and markets a line of video, voice, data and web conferencing collaboration solutions. The solutions include enterprise video and voice communications end-points, network infrastructure, management products, product maintenance and other professional services.

There is potential upside of 7.1% for shares of Polycom based on a current price of $10.95 and an average consensus analyst price target of $11.73. Polycom shares have support at the 50-day moving average (MA) of $10.46 and additional support at the 200-day MA of $10.27.

Polycom share prices have moved between a 52-week high of $13.74 and a 52-week low of $7.45 and are now trading 47% above that low price at $10.95 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Shares of Walter Energy Fall to a New 52...

Shares of Walter Energy (NYSE:WLT) traded today at $2.01, breaking its 52-week low. So ...

Shares of Westamerica Bancorporation Fal...

Shares of Westamerica Bancorporation (NASDAQ:WABC) traded today at $46.39, breaking its ...

Shares of Vertex Pharmaceuticals Have Ri...

Vertex Pharmaceuticals (NASDAQ:VRTX) traded at a new 52-week high today of $116.88. So ...

Shares of Volcano Fall Below Previous 52...

Volcano (NASDAQ:VOLC) traded at a new 52-week low today of $10.70. Approximately 872,0 ...

Meridian Bioscience: New 52-Week Low Set...

Meridian Bioscience (NASDAQ:VIVO) traded today at a new 52-week low of $17.60. This ne ...

Vimpel-Communications: New 52-Week Low S...

Vimpel-Communications (NYSE:VIP) traded today at a new 52-week low of $7.27. So far to ...

Shares of Vale Fall to a New 52-Week Low...

Vale (NASDAQ:VALE) traded today at a new 52-week low of $10.75. So far today approxima ...

Titan International: The Losing Streak C...

Titan International (NYSE:TWI) traded at a new 52-week low today of $12.58. So far tod ...