| | Hackett Group, Inc support, resistance research
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Stock : HCKT |
| Stock Recommendations : Buy |
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| Sector : Services |
| First Resistance : 3.04 |
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| Stock Name : Hackett Group, Inc |
| Second Resistance : 3.38 |
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| Buy Near : 2.12 |
| Third Resistance : 5.44 |
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| StopLoss : 1.88 |
| First Support : 2.00 |
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| Posted date : 6/6/2009 1:32:46 AM |
| Second Support : 1.88 |
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Penny stock Alert - Hackett Group, Inc. (HCKT) is a global strategic advisory firm and company is a leader in best practice advisory, benchmarking, and transformation consulting services, including shared services, outsourcing and off shoring advice. Hackett business application consulting services helps costumer to maximize returns on IT investments
At the end of the first quarter of 2009, the Hackett Group, Inc. (HCKT) got cash balance $26.3 million, and as per company stock repurchase plan, the Company already repurchased approximately 1.0 million shares at average price $2.08 per share, for a total cost of $2.1 million. And still approximately $4.8 million remained available under the Company’s share repurchase program.
Based on the current economic outlook, the Hackett Group, Inc. (HCKT) estimates total revenue for the second quarter of 2009 to be in the range of $34.0 M to $36.0 M and estimates earnings per share to be in the range of $0.00 to $0.03.
Recently Wipro Technologies (WIT) announced they partnered with Oracle for best-of-breed HR platform solutions and for that Wipro has also selected The Hackett Group (HCKT), to provide empirical data, best practices and world-class performance insights on the development of its innovative bundled solution platform. The solution, allows employers to reduce and control cost as it provides an opportunity to centralize and standardize processes while eliminating duplicative management structures.
As per chart analysis Hackett Group, Inc. (HCKT) Relative Strength (RSI) started to strengthening, rate of change also got good moment again there are strong demand closer to $2.12 that indicating accumulation going on, with good capital in hand and suitable to present economy business model offering over all best penny stock investing option.
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