Monday, January 30, 2012

Emcore stock prices trading jan 30 2012

Emcore stock prices trading jan 30 2012 : Emcore (NASDAQ:EMKR) is one of today's worst performing low-priced stocks, down 14.7% to $1.08 on 2.0x average daily volume. Emcore has traded 1.2 million shares thus far today, vs. average volume of 600,000 shares per day. The stock has underperformed the Dow (-14.7% to the Dow's -0.8%) and underperformed the S&P 500 (-14.7% to the S&P's -0.9%) during today's trading.

Over the past year, Emcore has traded in a range of $0.82 to $3.25 and is now at $1.07, 31% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.6% while the 50-day MA has advanced 2.5%.

Emcore has overhead space with shares priced $1.07, or 76.1% below the average consensus analyst price target of $4.50. Emcore shares should encounter resistance at the 200-day moving average (MA) of $1.70 and support at the 50-day MA of $1.00. For the latest updates on the stock market, visit Stock Market Today
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