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 = 439250 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Stock to Watch: Exide Technologies Up 5.6% (XIDE)

Published on Fri, 02/08/2013 - 13:23
By Peter Chu

Exide Technologies (NASDAQ:XIDE) is one of today's best performing low-priced stocks, up 5.6% to $3.00 on 1.3x average daily volume. Thus far today, Exide Technologies has traded 601,000 shares, vs. average volume of 457,000 shares per day. The stock has outperformed the Dow (5.6% to the Dow's 0.3%) and outperformed the S&P 500 (5.6% to the S&P's 0.5%) during today's trading.

Exide Technologies produces and recycles lead-acid batteries. The Company's global transportation and industrial energy groups provide a range of stored electrical energy products and services for industrial and transportation applications.

In the past 52 weeks, Exide Technologies share prices have been bracketed by a low of $2.25 and a high of $4.15 and are now at $3.00, 33% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.3%.

Exide Technologies has overhead space with shares priced $3.00, or 33.4% below the average consensus analyst price target of $4.50. Exide Technologies shares should first meet resistance at the 200-day moving average (MA) of $3.06 and find additional resistance at the 50-day MA of $3.27.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Recent 52-Week Low Surpassed in Shares o...

World Acceptance (NASDAQ:WRLD) traded today at a new 52-week low of $66.83. This new l ...

Watch for Continued Losses in Shares of ...

Shares of Westport Innovations (NASDAQ:WPRT) traded at a new 52-week low today of $7.40 ...

Shares of Wausau Paper Fall to a New 52-...

Shares of Wausau Paper (NYSE:WPP) traded today at $7.82, breaking its 52-week low. So ...

Encore Wire: The Losing Streak Continues...

Encore Wire (NASDAQ:WIRE) traded today at a new 52-week low of $36.27. This new low wa ...

Walter Investment Management Looks to Co...

Walter Investment Management (AMEX:WAC) traded at a new 52-week low today of $21.30. S ...

Watch for Continued Losses in Shares of ...

Volcano (NASDAQ:VOLC) traded today at a new 52-week low of $10.36. So far today approx ...

Shares of Meridian Bioscience Fall Below...

Meridian Bioscience (NASDAQ:VIVO) traded today at a new 52-week low of $17.46. This ne ...

Shares of Ur-Energy Fall Below Previous ...

Ur-Energy (AMEX:URG) traded today at a new 52-week low of $0.98. Approximately 1 milli ...