Contact Center Industry News

TMCNet:  Hot Stock: Pacific Biosciences of California , Shares Gain 6.7% (PACB)

[April 26, 2013]

Hot Stock: Pacific Biosciences of California , Shares Gain 6.7% (PACB)

Apr 26, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Pacific Biosciences of California (NASDAQ:PACB) is one of today's best performing low-priced stocks, up 6.7% to $2.55 on 2.1x average daily volume. Thus far today, Pacific Biosciences of California has traded 679,000 shares, vs. average volume of 328,000 shares per day. The stock has outperformed the Dow (6.7% to the Dow's -0.1%) and outperformed the S&P 500 (6.7% to the S&P's -0.4%) during today's trading.

Pacific Biosciences of California (NASDAQ:PACB) has potential upside of 1.3% based on a current price of $2.55 and analysts' consensus price target of $2.58. The stock should find initial support at its 50-day moving average (MA) of $2.28 and further support at its 200-day MA of $1.95.

Pacific Biosciences of California Inc. has developed a novel approach to studying the synthesis and regulation of DNA, RNA and protein. The Company's system enables real-time analysis of biomolecules with single molecule resolution.

Pacific Biosciences of California share prices have moved between a 52-week high of $3.25 and a 52-week low of $1.06 and are now trading 141% above that low price at $2.55 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Pacific Biosciences of California and will alert subscribers who have PACB in their portfolio or watchlist when shares have changed trend direction.

Write to Chip Brian at --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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