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 = 467898 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 Validus Holdings on 1.2x Above-Average Volume (VR)

Published on Wed, 03/27/2013 - 13:11
By Mallory Stone

Shares of Validus Holdings are trading down 0.5% to $37.08 today on above average volume. Today's volume of 1.0 million shares tops the average 30-day volume of 818,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

In the past 52 weeks, Validus Holdings share prices have been bracketed by a low of $30.41 and a high of $37.80 and are now at $37.08, 22% 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 0.4%.

Potential upside of 8.8% exists for Validus Holdings, based on a current level of $37.08 and analysts' average consensus price target of $40.35. The stock should find initial support at its 50-day moving average (MA) of $36.19 and further support at its 200-day MA of $34.42.

Validus Holdings, Ltd. is a Bermuda-based reinsurer. The Company concentrates on property risks and other reinsurance lines.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Shares of NII Holdings Have Fallen Below...

Shares of NII Holdings (NASDAQ:NIHD) traded at a new 52-week low today of $0.07. Appro ...

Mizuho Financial: New 52-Week Low Set To...

Mizuho Financial (NYSE:MFG) traded at a new 52-week low today of $3.74. So far today a ...

Watch for Continued Gains in Shares of M...

Shares of Masco (NYSE:MAS) traded at a new 52-week high today of $24.20. Approximately ...

Shares of Las Vegas Sands Fall Below Pre...

Shares of Las Vegas Sands (NYSE:LVS) traded today at $59.52, breaking its 52-week low. ...

Kohl's: 52-Week High Recently Eclipsed (...

Shares of Kohl's (NYSE:KSS) traded today at $61.00, breaking its 52-week high. So far ...

Shares of Kirby Rise to a New 52-Week Hi...

Kirby (NYSE:KEX) traded at a new 52-week high today of $123.71. So far today approxima ...

Shares of International Rectifier Rise t...

International Rectifier (NYSE:IRF) traded today at a new 52-week high of $39.74. This ...

Interactive Brokers Looks to Continue to...

Shares of Interactive Brokers (NASDAQ:IBKR) traded at a new 52-week high today of $25.3 ...