In trading on Thursday, shares of AMC Networks Inc (Symbol: AMCX) crossed below their 200 day moving average of $73.64, changing hands as low as $71.65 per share. AMC Networks Inc shares are currently trading off about 1.8% on the day. The chart below shows the one year performance of AMCX shares, versus its 200 day moving average:
Looking at the chart above, AMCX's low point in its 52 week range is $52.73 per share, with $87.18 as the 52 week high point - that compares with a last trade of $72.62. According to the ETF Finder at ETF Channel, AMCX makes up 2.70% of the PowerShares Dynamic Media Portfolio ETF (Symbol: PBS) which is trading lower by about 1.9% on the day Thursday.
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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