Dec 28, 2012 (Market movers via COMTEX) -- One of today's notable stocks in decline is Total (NYSE:TOT), down 1.9% to $51.39. The Dow Jones Industrial Average is now trading 0.3% lower to 13,060 and the S&P is trading 0.2% lower to 1,415.
Total (NYSE:TOT) has potential upside of 15.9% based on a current price of $51.39 and analysts' consensus price target of $59.58. The stock should discover initial support at its 50-day moving average (MA) of $50.15 and subsequent support at its 200-day MA of $48.44.
Total share prices have moved between a 52-week high of $57.06 and a 52-week low of $41.75 and are now trading 23% above that low price at $51.39 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.
Total SA explores for, produces, refines, transports, and markets oil and natural gas. The Company also operates a chemical division which produces polypropylene, polyethylene, polystyrene, rubber, paint, ink, adhesives, and resins. Total operates gasoline filling stations in Europe, the United States, and Africa.
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Copyright, Comtex News Network, Inc. 2012
