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Stock Market & Financial Investment News

News Breaks
February 5, 2013
10:11 EDTEPAYBottomline Technologies falls despite strong earnings and guidance
The shares are down over 4.5% at time of writing, putting the shares below the uptrend support line, which was the 10-day moving average. The company beat earnings last night by 10 cents a share for its Q2 and raised guidance for fiscal year 2013 to $1.15 versus consensus of $1.02. At the current price of $27.67, support is at the low of the session at $26.03. Resistance is at $28.49. Craig-Hallum downgraded the stock following earning to Hold citing valuation.
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