TMCnet News
Downgrade Alert for Opnet Technologies (OPNT)Nov 30, 2012 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Opnet Technologies (NASDAQ:OPNT) was downgraded from Buy to Neutral at Mizuho today. The stock closed yesterday at $41.51 on volume of 246,000 shares, below average daily volume of 285,000. OPNET Technologies, Inc. provides predictive network management software solutions. The Company's suite of products combines predictive simulation and a comprehensive understanding of network technologies. Opnet Technologies (NASDAQ:OPNT) is currently priced 3.1% above its average consensus analyst price target of $40.21. Opnet Technologies shares have support at the 50-day moving average (MA) of $36.41 and additional support at the 200-day MA of $29.61. In the past 52 weeks, shares of Opnet Technologies have traded between a low of $22.08 and a high of $47.97 and closed yesterday at $41.51, which is 88% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.4%. SmarTrend recommended that subscribers consider buying shares of Opnet Technologies on May 16th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $26.65. Since that recommendation, shares of Opnet Technologies have risen 55.8%. We continue to monitor OPNT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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/signup |