RDY Makes Notable Cross Below Critical Moving Average

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In trading on Thursday, shares of Dr. Reddy's Laboratories Ltd. (Symbol: RDY) crossed below their 200 day moving average of $37.25, changing hands as low as $36.93 per share. Dr. Reddy's Laboratories Ltd. shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of RDY shares, versus its 200 day moving average: Dr. Reddy's Laboratories Ltd. 200 Day Moving Average Chart

Looking at the chart above, RDY's low point in its 52 week range is $29 per share, with $42.82 as the 52 week high point - that compares with a last trade of $36.96.

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 , Stocks
Referenced Symbols: RDY

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