May 13, 2013 (Market movers via COMTEX) -- One of today's stocks on the move is International Game Technology (NYSE:IGT), down 1.6% to $17.85. The Dow is trading fractionally lower to 15,091 and the S&P is currently trading fractionally lower to 1,632.
International Game Technology (NYSE:IGT) is currently priced 3.8% above its average consensus analyst price target of $17.17. The stock should discover initial support at its 50-day moving average (MA) of $16.80 and subsequent support at its 200-day MA of $14.38.
In the past 52 weeks, International Game Technology share prices have been bracketed by a low of $10.92 and a high of $18.18 and are now at $17.85, 63% 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 1.0%.
International Game Technology designs and manufactures computerized casino gaming systems. The Company also develops and manufactures systems that monitor slot machine play and track player activity, as well as wide area progressive systems. International Game sells its products around the world.
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