BNFT - Shares of Benefitfocus Inc. (BNFT) Have Fallen Below Previous 52-Week Low
Shares of Benefitfocus, Inc. (NASDAQ:BNFT) traded at a new 52-week low today of $19.58. So far today approximately 85,000 shares have been exchanged, as compared to an average 30-day volume of 351,000 shares.
In the past 52 weeks, Benefitfocus, Inc. share prices are bracketed by a current low of $19.58 and a high of $60.66 and is now at $20.22. Over the past week, the 200-day moving average (MA) has gone down 100% while the 50-day MA has declined 100%.
Benefitfocus, Inc. is a provider of cloud-based benefits software solutions for consumers, employers, insurance carriers, and brokers. The Company's platform provides an integrated suite of solutions that enables customers to more efficiently shop, enroll, manage, and exchange benefits information.
Benefitfocus, Inc. has overhead space with shares priced $20.22, or 50.8% below the average consensus analyst price target of $41.09. The stock should find initial support at its 50-day moving average (MA) of $0.00 and further support at its 200-day MA of $0.00.
NetworkNewsWire is monitoring the Software Industry for any potential shift so investors can protect gains.
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