TMCnet News
Downgrade Alert for Dice Holdings (DHX)Feb 01, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Dice Holdings (NYSE:DHX) was downgraded from Overweight to Equal Weight at Evercore today. The stock closed yesterday at $9.41 on volume of 485,000 shares, above average daily volume of 334,000. Dice Holdings Inc is a provider that specialize in career sites and career fairs for high growth vertical sectors. The Company provides services to help recruiters, consultants and businesses hire and train highly qualified professionals. Over the past year, Dice Holdings has traded in a range of $6.95 to $10.99 and closed yesterday at $9.41, 35% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has remained constant. Dice Holdings has overhead space with shares priced $9.41, or 11.8% below the average consensus analyst price target of $10.67. The stock should discover initial support at its 50-day moving average (MA) of $9.02 and subsequent support at its 200-day MA of $8.94. SmarTrend recommended that subscribers consider buying shares of Dice Holdings on September 13th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $8.49. Since that recommendation, shares of Dice Holdings have risen 10.9%. We continue to monitor DHX 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 |