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WMGI-Wright Medical Group, Inc. (NASDAQ Stock)

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10-22-2009, 10:20 PM

alhaanad

Jedi Initiate

Join Date: Jul 2008

Posts: 5

WMGI-Wright Medical Group, Inc. (NASDAQ Stock)

WMGI added 2.91%, to $17.71 today. It has a market cap of 683.73 million and has traded within a 52-week range of $11.17 and $25.99. WMGI is currently above its 20-day moving average of $17.29 and above its 250-day moving average of $16.92. It has near-term technical support in the $16.39 price area. If the shares can continue the recent rebound, we see overhead resistance around the $18.38 price levels. Technical indicator for the stock is strong buy. Here is the chart:
Wright Medical Group, Inc. (NASDAQ:WMGI)

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