Globus Medical Breaks Below 200-Day Moving Average - Notable for GMED

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In trading on Thursday, shares of Globus Medical Inc (Symbol: GMED) crossed below their 200 day moving average of $22.43, changing hands as low as $22.29 per share. Globus Medical Inc shares are currently trading down about 3.5% on the day. The chart below shows the one year performance of GMED shares, versus its 200 day moving average: Globus Medical Inc 200 Day Moving Average Chart

Looking at the chart above, GMED's low point in its 52 week range is $16.29 per share, with $27.14 as the 52 week high point - that compares with a last trade of $22.30.

According to the ETF Finder at ETF Channel, GMED makes up 1.65% of the SPDR S&P Health Care Equipment ETF (Symbol: XHE) which is trading lower by about 2.2% on the day Thursday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas

Referenced Stocks: GMED , XHE

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