Stock Investors Sell Off Shares of United Online, Down 11.7%

Published on Thu, 02/21/2013 - 11:14
By Robert Cotter in Market movers, UNTD, market movers, nasdaq:untd, united online

One of today's notable stocks in decline is United Online (NASDAQ:UNTD), down 11.7% to $5.50. The Dow is down 0.3% to 13,878 and the S&P is currently down 0.5% to 1,505.

Potential upside of 34.7% exists for United Online, based on a current level of $5.50 and analysts' average consensus price target of $7.41. The stock should find resistance at its 50-day moving average (MA) of $6.08, as well as support at its 200-day MA of $5.15.

United Online, Inc. is a provider of consumer products and services over the internet. The Company's offerings include floral related products and services for consumer and retail florists. United services also include online social networking, online loyalty marketing, internet access and email.

In the past 52 weeks, shares of United Online have traded between a low of $3.63 and a high of $7.50 and are now at $5.50, which is 52% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.3%.

By Robert Cotter
rcotter@fnno.com

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