Seattle Genetics (SGEN) Shares Cross Below 200 DMA

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In trading on Friday, shares of Seattle Genetics Inc (Symbol: SGEN) crossed below their 200 day moving average of $41.54, changing hands as low as $40.15 per share. Seattle Genetics Inc shares are currently trading off about 3.4% on the day. The chart below shows the one year performance of SGEN shares, versus its 200 day moving average: Seattle Genetics Inc 200 Day Moving Average Chart

Looking at the chart above, SGEN's low point in its 52 week range is $32.35 per share, with $55.99 as the 52 week high point - that compares with a last trade of $40.50.

According to the ETF Finder at ETF Channel, SGEN makes up 3.07% of the PowerShares Dynamic Biotechnology & Genome Portfolio ETF (Symbol: PBE) which is trading lower by about 2.5% on the day Friday.

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: SGEN , PBE

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