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Sei Investments Looks to Continue to Trade Below its Annual-Low Share Price Today

By Nick Russo

Sei Investments (NASDAQ:SEIC) traded today at a new 52-week low of $55.40. This new low was reached on below average trading volume as 55,000 shares traded hands, while the average 30-day volume is approximately 648,000 shares.

Sei Investments has overhead space with shares priced $55.66, or 30.4% below the average consensus analyst price target of $80.00. Sei Investments shares should first meet resistance at the 50-day moving average (MA) of $61.24 and find additional resistance at the 200-day MA of $67.34.

Over the past year, Sei Investmentshas traded in a range of $55.40 to $78.35 and are now at $55.66. The 200-day and 50-day moving averages have moved 0.31% lower and 0.24% lower over the past week, respectively.

SEI Investments Company provides global investment solutions and business solutions. The Company integrates technology, research, information services, financial products, and asset management advice to serve banks, mutual fund and pension plan sponsors, insurance companies, money managers, and individual investors.

SmarTrend is monitoring the recent change of momentum in Sei Investments. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Sei Investments in search of a potential trend change.

Keywords: 52 week high/lows sei investments

Ticker(s): SEIC