user warning: Got error 28 from storage engine 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 = 438203 ORDER BY v.weight, t.weight, in /var/www/ on line 617.

Stock to Watch: Pacer International Up 8.2% (PACR)

Published on Thu, 02/07/2013 - 11:23
By Mallory Stone

Pacer International (NASDAQ:PACR) is one of today's best performing low-priced stocks, up 8.2% to $4.64 on 1.4x average daily volume. Pacer International has traded 306,000 shares thus far today, vs. average volume of 214,000 shares per day. The stock has outperformed the Dow (8.2% to the Dow's -0.7%) and outperformed the S&P 500 (8.2% to the S&P's -0.7%) during today's trading.

Pacer International has overhead space with shares priced $4.64, or 9.5% below the average consensus analyst price target of $5.12. Pacer International shares have support at the 200-day moving average (MA) of $4.50 and additional support at the 50-day MA of $3.83.

Pacer International, Inc. provides transportation and logistics solutions. The Company offers a variety of transportation-related services, including trucking, intermodal marketing, logistics, and freight services. Pacer provides integrated services through a national network of sales agents, independent contractors, and railroad/drayage partnerships.

In the past 52 weeks, shares of Pacer International have traded between a low of $3.00 and a high of $7.04 and are now at $4.64, which is 55% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has advanced 1.8%.

By Mallory Stone