Markets

Akamai Technologies Breaks Below 200-Day Moving Average - Notable for AKAM

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Shutterstock photo

Shutterstock photo

In trading on Wednesday, shares of Akamai Technologies Inc (Symbol: AKAM) crossed below their 200 day moving average of $54.82, changing hands as low as $47.86 per share. Akamai Technologies Inc shares are currently trading down about 16.3% on the day. The chart below shows the one year performance of AKAM shares, versus its 200 day moving average:

Akamai Technologies Inc 200 Day Moving Average Chart

Looking at the chart above, AKAM's low point in its 52 week range is $39.43 per share, with $76.98 as the 52 week high point - that compares with a last trade of $48.89.

According to the ETF Finder at ETF Channel, AKAM makes up 3.75% of the First Trust ISE Cloud Computing Index Fund ETF (Symbol: SKYY) which is trading lower by about 0.5% on the day Wednesday.

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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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SKYY AKAM