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Verso Paper(VRS) is a supplier of coated papers to catalog and magazine publishers. This stock is trading up 9.6% to $1.77 in recent trading.
Today's Range: $1.64-$1.90
52-Week Range: $0.85-$5.44
Three-Month Average Volume: 194,560
From a technical perspective, VRS is ripping higher today on heavy volume, and the stock is challenging its 200-day moving average of $1.74.
Traders should continue to look for long-biased trades in VRS as long as this stock can manage to close above that 200-day
moving average and near its daily highs. If we get that action, then look for VRS to make a run at $2.20 or higher in the near-term.
To see more stocks under $10 that are making notable moves higher today, check out the
Stocks Under-$10 Moving Higher portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.