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 = 416777 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Sellers Reduce Exposure to Shares of Perfect World on 1.4x Above-Average Volume (PWRD)

Published on Mon, 01/07/2013 - 14:12
By Robert Cotter

Perfect World's stock is down 0.8% to $12.58 on heavy trading volume. Approximately 461,000 shares have changed hands today vs. average 30-day volume of 332,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

In the past 52 weeks, Perfect World share prices have been bracketed by a low of $8.44 and a high of $17.46 and are now at $12.58, 49% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.9%.

Perfect World Co Limited develops and operates online games. The Company primarily develops 3D gaming technologies.

Perfect World (NASDAQ:PWRD) has potential upside of 9.4% based on a current price of $12.58 and analysts' consensus price target of $13.76. The stock should discover initial support at its 200-day moving average (MA) of $11.18 and subsequent support at its 50-day MA of $10.80.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Recent 52-Week High Exceeded in Shares o...

Shares of Washington Real Estate Investment Trust (NYSE:WRE) traded at a new 52-week hi ...

Shares of WR Berkley Rise Above Previous...

WR Berkley (NYSE:WRB) traded at a new 52-week high today of $48.01. Approximately 221, ...

Shares of WPX Energy Rise Above Previous...

WPX Energy (NYSE:WPX) traded at a new 52-week high today of $25.05. This new high was ...

WP Carey Looks to Continue to Trade Abov...

WP Carey (NYSE:WPC) traded today at a new 52-week high of $69.12. Approximately 185,00 ...

Recent 52-Week High Exceeded in Shares o...

VCA Antech (NASDAQ:WOOF) traded today at a new 52-week high of $39.57. This new high w ...

Waste Management: 52-Week High Recently ...

Shares of Waste Management (NYSE:WM) traded today at $46.92, breaking its 52-week high. ...

Recent 52-Week High Exceeded in Shares o...

Shares of Vector Group (NYSE:VGR) traded at a new 52-week high today of $23.20. So far ...

Recent 52-Week High Exceeded in Shares o...

Union Pacific (NYSE:UNP) traded at a new 52-week high today of $106.30. Approximately ...