Published August 27, 2012
During trading today, both the Services sector (IYC) and the S&P500 showed little movement.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, the S&P 500 was up -0.5% over the last seven trading days, but IYC was up 0.2%.
Fisher Communications (FSCI) was a significant gainer in the sector, rising 9.4%. The stock closed at $36.99 with 50,932 shares moving. The stock traded in a range of $35.99 to $37.40. Over the last three months, the stock has gained $8.35 (29.2%) from a price of $28.64 on May 31, 2012.
Consolidated Graphics (CGX) declined 3.4% to close at $25.56, moving below its 50-day moving average of $25.63 and 200-day moving average of $33.98.
US Ecology (ECOL) fell 3.1% to close at $19.09, moving closer to its 50-day moving average of $19.02. Also, the stock moved closer to its 200-day moving average of $18.83. Buffalo Wild Wings (BWLD) rose 1.7% to close at $75.93, approaching its 50-day moving average of $76.70. It has also moved closer to its 200-day moving average of $80.80.
Robert Half International (RHI) was one of the sector's big losers, as its price dropped 4.4% (-$1.23) to close at $26.82. 2.9 million shares of the stock moved. The stock traded between $26.48 and $27.38. The stock has been decreasing recently, and shares are down $2.17 (-7.5%) from a price of $28.99 on August 20, 2012.
Strayer Education (STRA) hit a new 52-week low today, hitting $64.58 to fall below the previous low of $66.10.