Recent 52-Week High Exceeded in Shares of DST Systems (DST)
Shares of DST Systems (NYSE:DST) traded at a new 52-week high today of $73.28. Approximately 98,000 shares have changed hands today, as compared to an average 30-day volume of 292,000 shares.
In the past 52 weeks, shares of DST Systems have traded between a low of $50.15 and a high of $73.28 and are now at $73.15, which is 46% above that low price. The 200-day and 50-day moving averages have moved 0.37% higher and 0.34% higher over the past week, respectively.
DST Systems, Inc. provides information processing and computer software services and products. The Company's operating segments include financial services, customer management, and output solutions. DST's data center provides information-processing services to support the products within each operating segment.
DST Systems has overhead space with shares priced $73.15, or 9.0% below the average consensus analyst price target of $80.40. The stock should find initial support at its 50-day moving average (MA) of $68.40 and further support at its 200-day MA of $65.73.
SmarTrend recommended that subscribers consider buying shares of DST Systems on July 5th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $68.08. Since that recommendation, shares of DST Systems have risen 6.7%. We continue to monitor DST for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: 52 week high/lows dst systems