Avid Technology (AVID) Shares Cross Below 200 DMA

In trading on Tuesday, shares of Avid Technology, Inc. (Symbol: AVID) crossed below their 200 day moving average of $27.59, changing hands as low as $27.38 per share. Avid Technology, Inc. shares are currently trading down about 5.6% on the day. The chart below shows the one year performance of AVID shares, versus its 200 day moving average: {{ InlineImage1 }}

Looking at the chart above, AVID's low point in its 52 week range is $10.39 per share, with $40.48 as the 52 week high point — that compares with a last trade of $27.21.


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