eResearchtechnology Finishes Lowest Level Since Early May

Wed. July 16, 2008; Posted: 04:20 PM

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(RTTNews) - eResearchtechnology (ERES | Quote | Chart | News | PowerRating) gapped open lower and continued to fall amid strong volume throughout most of Wednesday morning's trading, before moving sideways throughout the remainder of the session.

The stock broke support and dropped below its 50-day moving average. Shares closed at their lowest level since early May, down $2.48 at $14.20.

For full details on Eresearch Tech (ERES) click here. Eresearch Tech (ERES) has Short Term PowerRatings of 6. Details on Eresearch Tech (ERES) Short Term PowerRatings is available at This Link.

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