Arris Group (NASDAQ:ARRS) is one of today's notable stocks in decline, down 1.6% to $15.08. The Dow Jones Industrial Average is now trading 0.4% lower to 13,139 and the S&P is trading 0.3% lower to 1,426.
In the past 52 weeks, shares of Arris Group have traded between a low of $10.46 and a high of $15.90 and are now at $15.08, which is 44% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has risen 0.7%.
Arris Group (NASDAQ:ARRS) has potential upside of 3.2% based on a current price of $15.08 and analysts' consensus price target of $15.56. The stock should discover initial support at its 50-day moving average (MA) of $13.81 and subsequent support at its 200-day MA of $13.00.
Arris Group Inc. is a global communications technology company specializing in the design and engineering of broadband local access networks. The Company develops, manufactures, and supplies optical transmission, cable telephony and Internet access, outside plant construction, and maintenance equipment for cable system operators.