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Thursday, April 5, 2012

Surprising Volume Encountered In Shares Of (NASDAQ: HCSG)

Healthcare Services Group Inc. (NASDAQ: HCSG): fell by 4.49% or $-0.96/share to $20.43. In the past year, the shares have traded as low as $12.16 and as high as $22.08. On average, 326548 shares of HCSG exchange hands on a given day and today's volume is recorded at 705386. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $20.59 represents resistance and the 200-day moving average of $18.41 would be an area of support.