• Return to Headlines

Genpact (G) Downgraded at Kaufman Bros

Written on Fri, 07/30/2010 - 11:53am
By Chip Brian

Genpact (NYSE:G) downgraded to Sell, $13 target, at Kaufman Bros. The stock closed yesterday at $15.00 on volume of 629,600 shares, above the average daily volume of 587,597.
In the past 52-weeks, shares of Genpact have traded between a low of $6.67 and a high of $18.3 and are now at $15, which is 124.9% above that low price.
Genpact should find initial resistance at its 200-day moving average (MA) of $15.18 and further resistance at its 50-day MA of $16.11. In the last five trading sessions, the 50-day MA has fallen 0.43% while the 200-day MA has risen 0.61%.
Genpact Limited manages business processes for companies around the world. The Company works with companies to help them streamline their business processes.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): G

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.