PBYI Crosses Below Key Moving Average Level

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In trading on Thursday, shares of Puma Biotechnology, Inc. (Symbol: PBYI) crossed below their 200 day moving average of $42.46, changing hands as low as $40.40 per share. Puma Biotechnology, Inc. shares are currently trading off about 5% on the day. The chart below shows the one year performance of PBYI shares, versus its 200 day moving average: Puma Biotechnology, Inc. 200 Day Moving Average Chart

Looking at the chart above, PBYI's low point in its 52 week range is $19.74 per share, with $82.81 as the 52 week high point - that compares with a last trade of $40.85.

According to the ETF Finder at ETF Channel, PBYI makes up 2.30% of the PowerShares DWA Healthcare Momentum Portfolio ETF (Symbol: PTH) which is trading lower by about 2.4% 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 Symbols: PBYI , PTH

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