Lionbridge Technologies

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Lionbridge Technologies ( LIOX) provides a suite of language, development and testing solutions to businesses, particularly in the technology, mobile and telecommunications, Internet and media, life sciences, government, manufacturing, automotive, retail and aerospace industries. This stock is trading up 5.2% at $2.83 in recent trading.

Today's Range: $2.80-$3.07

52-Week Range: $1.94-$3.63

Volume: 281,000

Three-Month Average Volume: 151,615

Shares of LIOX are moving notably higher today after the company reported revenue of $112.1 million, an increase of $12.4 million compared to the first-quarter of 2011, reflecting year-over-year growth of 12%.

From a technical perspective, LIOX is gapping up sharply higher here back above both its 50-day and 200-day moving averages on above average volume. This move is quickly pushing the stock within range of triggering a breakout trade. That trade will hit once LIOX can take out some past overhead resistance at $3.06 to $3.08 with high-volume.

Traders should look for long-biased trades if LIOX can sustain a move or close above those levels on volume that's near or above 151,615 shares. If we get that action soon, look for LIOX to make a run at its next significant overhead resistance levels at $3.50 to $3.75 in the near future.

If you liked this article you might like

Nautilus (NLS) Stock Surging on Q2 Results Beat

Nautilus (NLS) Is Strong On High Volume Today

Insider Trading Alert - NLS, IMPV And TCX Traded By Insiders

10 Best-Performing Small-Cap Stocks in 2016

Trade-Ideas: Nautilus (NLS) Is Today's Strong On High Relative Volume Stock