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.