Notable Two Hundred Day Moving Average Cross - RNET


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In trading on Thursday, shares of RigNet Inc (Symbol: RNET) crossed below their 200 day moving average of $48.13, changing hands as low as $47.82 per share. RigNet Inc shares are currently trading off about 5.6% on the day. The chart below shows the one year performance of RNET shares, versus its 200 day moving average: RigNet Inc 200 Day Moving Average Chart

Looking at the chart above, RNET's low point in its 52 week range is $26.62 per share, with $59.06 as the 52 week high point - that compares with a last trade of $48.29.

According to the ETF Finder at ETF Channel, RNET makes up 57.73% of the WisdomTree SmallCap Earnings Fund ETF (Symbol: EES) which is trading lower by about 0.7% 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 Nasdaq, Inc.

This article appears in: Investing Investing Ideas
Referenced Stocks: RNET , EES

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