In trading on Wednesday, shares of Dolby Laboratories Inc (Symbol: DLB) crossed above their 200 day moving average of $42.57, changing hands as high as $43.04 per share. Dolby Laboratories Inc shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of DLB shares, versus its 200 day moving average:
Looking at the chart above, DLB's low point in its 52 week range is $34.77 per share, with $47.29 as the 52 week high point - that compares with a last trade of $42.66.
According to the ETF Finder at ETF Channel, DLB makes up 2.41% of the PowerShares Dynamic Software Portfolio ETF (Symbol: PSJ) which is trading up by about 0.8% on the day Wednesday.
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