Unified Communications Industry News

TMCNet:  Stock to Watch: Pacer International Up 8.7% (PACR)

[December 04, 2012]

Stock to Watch: Pacer International Up 8.7% (PACR)

Dec 04, 2012 (SmarTrend(R) Spotlight via COMTEX) -- Pacer International (NASDAQ:PACR) is one of today's best performing low-priced stocks, up 8.7% to $3.62 on 1.3x average daily volume. Thus far today, Pacer International has traded 285,000 shares, vs. average volume of 224,000 shares per day. The stock has outperformed the Dow (8.7% to the Dow's -0.1%) and outperformed the S&P 500 (8.7% to the S&P's -0.2%) during today's trading.

Pacer International, Inc. provides transportation and logistics solutions. The Company offers a variety of transportation-related services, including trucking, intermodal marketing, logistics, and freight services. Pacer provides integrated services through a national network of sales agents, independent contractors, and railroad/drayage partnerships.

Pacer International has overhead space with shares priced $3.62, or 29.4% below the average consensus analyst price target of $5.12. The stock should run into initial resistance at its 50-day moving average (MA) of $3.68 and subsequent resistance at its 200-day MA of $4.96.

In the past 52 weeks, shares of Pacer International have traded between a low of $3.00 and a high of $7.04 and are now at $3.62, which is 21% above that low price. The 200-day and 50-day moving averages have moved 0.65% lower and 0.93% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Pacer International on July 23rd, 2012 by issuing a Downtrend alert when the shares were trading at $4.61. Since that call, shares of Pacer International have fallen 27.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

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