SHARES OF VANCEINFO TECHNOLOGIES UNDER PRESSURE, DOWN 5.1% (VIT)

   Date:2011/09/08

Sep 07, 2011 (SmarTrend(R) Market Surveillance via COMTEX) -- VanceInfo Technologies (NYSE:VIT - Snapshot Report) is one of today's notable stocks in decline, down 5.1% to $11.41. The S&P is currently trading 2% higher to 1,188 and the Dow Jones Industrial Average is trading 1.6% higher to 11,319.

VanceInfo Technologies is in SmarTrend's Business Software & Services industry and this industry is currently in a Downtrend according to our research. We are monitoring many other stocks on the move within this industry.

In the last five trading sessions, the 50-day MA has fallen 1.8% while the 200-day MA has slid 0.82%.

In the past 52 weeks, shares of VanceInfo Technologies have traded between a low of $9.93 and a high of $41.06 and are now at $11.41, which is 15% above that low price.

SmarTrend currently has shares of VanceInfo Technologies in an Downtrend and issued the Downtrend alert on August 03, 2011 at $18.99. The stock has fallen 36.7% since the Downtrend alert was issued.

 

Source:zacks

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