Notable Two Hundred Day Moving Average Cross - MACK

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In trading on Monday, shares of Merrimack Pharmaceuticals Inc. (Symbol: MACK) crossed below their 200 day moving average of $4.55, changing hands as low as $4.44 per share. Merrimack Pharmaceuticals Inc. shares are currently trading off about 2.8% on the day. The chart below shows the one year performance of MACK shares, versus its 200 day moving average: Merrimack Pharmaceuticals Inc. 200 Day Moving Average Chart

Looking at the chart above, MACK's low point in its 52 week range is $2.05 per share, with $7.09 as the 52 week high point - that compares with a last trade of $4.60.

According to the ETF Finder at ETF Channel, MACK makes up 1.33% of the SPDR S&P Biotech ETF (Symbol: XBI) which is trading lower by about 1.7% on the day Monday.

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: MACK , XBI

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