UBNT Crosses Above Key Moving Average Level

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In trading on Wednesday, shares of Ubiquiti Networks Inc (Symbol: UBNT) crossed above their 200 day moving average of $40.62, changing hands as high as $40.68 per share. Ubiquiti Networks Inc shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of UBNT shares, versus its 200 day moving average: Ubiquiti Networks Inc 200 Day Moving Average Chart

Looking at the chart above, UBNT's low point in its 52 week range is $15.59 per share, with $56.8496 as the 52 week high point - that compares with a last trade of $40.65.

According to the ETF Finder at ETF Channel, UBNT makes up 2.17% of the PowerShares DWA Technology Momentum Portfolio ETF (Symbol: PTF) which is trading higher by about 1.3% on the day Wednesday.

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



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: UBNT , PTF

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As of 7/25/2014, 04:03 PM