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Trading Lower on Heavy Volume are Shares of United Online on 2.6x Above-Average Volume (UNTD)

Published on Wed, 05/01/2013 - 13:13
By Adrienne Chilton

United Online's stock is down 8.3% to $6.24 on heavy trading volume. About 1.2 million shares have been traded today, as compared to the 30-day average volume of 463,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

There is potential upside of 24.1% for shares of United Online based on a current price of $6.24 and an average consensus analyst price target of $7.74. United Online shares have support at the 50-day moving average (MA) of $6.16 and additional support at the 200-day MA of $5.66.

In the past 52 weeks, shares of United Online have traded between a low of $3.63 and a high of $7.50 and are now at $6.24, which is 72% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.6%.

United Online, Inc. is a provider of consumer products and services over the internet. The Company's offerings include floral related products and services for consumer and retail florists. United services also include online social networking, online loyalty marketing, internet access and email.

By Adrienne Chilton