Novatel Wireless (NVTL) Trading In The Red Following Broker Upgrade
Posted: Friday, March 12, 2010 12:12 PM EDT
By: Market Intelligence Center Staff
Novatel Wireless (NVTL) was upgraded today by analysts at EVA Dimensions, LLC and the stock is now at $6.84, down $0.11 (-1.58%) on volume of 164,275 shares traded. EVA Dimensions, LLC upgraded the stock today to Overweight from Hold. Over the last 52 weeks the stock has ranged from a low of $5.16 in last March to a high of $13.70 in September. Novatel Wireless stock has been showing support around $6.77 and resistance in the $7.17 range. Technical indicators for the stock are neutral and S&P gives NVTL a neutral 3 STARS (out of 5) hold ranking. We will just watch this one for now. There are no hedged trades we like the look of for NVTL. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Novatel Wireless (NVTL) Stock ReportSee what our analysts have uncovered about Novatel Wireless (NVTL).