Sapient Below 50-Day Moving Average

Sapient (SAPE) gapped open lower on Friday and added to its losses in the first 15 minutes of trading. The stock is hovering near its lows for the day, down 95 cents to $7.65.

With the retreat, the stock has broken below a recent trading range to reach its lowest level since early October. The stock is also on track to close below its 50-day moving average for the first time since May.

by RTTNews Staff Writer

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