Published on Mon, 09/12/2011 - 12:22
By Robert Cotter in Market movers, CHDX, chindex international, market movers, nasdaq:chdx

Chindex International (CHDX.NSDQ) is one of today's notable stocks on the rise, up 4.9% to $10.36. The S&P is trading lower by 1.1% to 1,142 and the Dow is trading 1.2% lower to 10,866.

Chindex International share prices have moved between a 52-week high of $18.64 and a 52-week low of $7.51 and are now trading 38% above that low price at $10.36 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.1% while the 200-day MA has slid 0.6%.

Chindex International, Inc. provides representative and distribution services to a number of multinational companies in the Greater Chinese marketplace including Hong Kong and Macau. The Company also operates a private hospital corporation in China. U.S.-China's customers include manufacturers of medical products.

Chindex International (CHDX.NSDQ)  has a potential upside of 44.8% based on a current price of $10.36 and analysts' consensus price target of $15.00. The stock should find initial resistance at its 50-day moving average (MA) of $11.40 and further resistance at its 200-day MA of $14.99.