Investor Alley Inc.

Stocks in Focus: (NYSE:RAD), (NYSE:MTG)


New York, NY -- (ReleaseWire) -- 03/25/2013 --Rite Aid Corporation (NYSE: RAD) traded in the range of $1.90 and $1.94 during its latest trading session. The stock had opened at $1.93 and is at $1.92, up 0.52 percent from its previous close of $1.91, with 3.406 million shares volume. Its MACD chart shows bullish trend. The stock may go as high as $1.96 level in the coming trading sessions. Its first support level is at $1.87. Rite Aid is based out of Camp Hill and it operates retail drugstores.

The company offers medicines, food items and seasonal merchandise. Rite Aid has strategic alliance with GNC.

Find out where RAD could be headed here:

MGIC Investment Corp. (NYSE: MTG) stock is at $4.43, down 1.97 percent from its previous close of $4.52. Its latest trading volume has been recorded at 8.442 million shares, in comparison to its average daily trading volume of 15.825 million shares. The stock has made downward movement with low volume and thus shows neutral trend. It is likely to maintain its stance in the short run and medium run. The stock is likely to go down to $4.35 level in the coming trading sessions. MGIC Investment offers mortgage insurance to government sponsored entities and lenders.

The company is based out of Wisconsin and it was established in 1984.

Find out where MTG could be headed here:

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