UBNT Crosses Above Key Moving Average Level
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:
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.