Friday, October 7, 2011

Imperial Sugar stock prices outlook

Imperial Sugar stock prices outlook : Imperial Sugar (NASDAQ:IPSU), a company whose shares are moving quickly, is trading 3.1% lower to $6.85. The S&P is currently trading fractionally higher to 1,165 and the Dow Jones Industrial Average is trading 0.5% higher to 11,181.

Imperial Sugar (NASDAQ:IPSU) has potential upside of 89.8% based on a current price of $6.85 and analysts' consensus price target of $13.00. The stock should run into initial resistance at its 50-day moving average (MA) of $9.34 and subsequent resistance at its 200-day MA of $13.68.

Imperial Sugar share prices have moved between a 52-week high of $25.68 and a 52-week low of $5.75 and are now trading 19% above that low price at $6.85 per share. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 12.4%. source fnno.com
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