May 10, 2013 (Market movers via COMTEX) -- One of today's notable stocks on the rise is Gannett (NYSE:GCI), up 1.7% to $21.48. The Dow Jones Industrial Average is now trading fractionally lower to 15,060 and the S&P is trading fractionally higher to 1,627.
In the past 52 weeks, Gannett share prices have been bracketed by a low of $12.17 and a high of $22.21 and are now at $21.48, 76% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.6%.
Gannett Co., Inc. is an international news and information company that publishes various daily newspapers in the United States and the United Kingdom, including "USA TODAY" and "USA WEEKEND," a newspaper magazine. The Company also operates television stations in major United States markets as well as operates websites offering news, information and advertising.
There is potential upside of 3.2% for shares of Gannett based on a current price of $21.48 and an average consensus analyst price target of $22.17. The stock should discover initial support at its 50-day moving average (MA) of $21.01 and subsequent support at its 200-day MA of $18.44.
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