In trading on Monday, shares of Cavium Inc (Symbol: CAVM) crossed below their 200 day moving average of $68.39, changing hands as low as $66.25 per share. Cavium Inc shares are currently trading down about 4.5% on the day. The chart below shows the one year performance of CAVM shares, versus its 200 day moving average:
Looking at the chart above, CAVM's low point in its 52 week range is $53.15 per share, with $77.42 as the 52 week high point - that compares with a last trade of $67.20.
According to the ETF Finder at ETF Channel, CAVM makes up 2.00% of the PowerShares DWA Technology Momentum Portfolio ETF (Symbol: PTF) which is trading higher by about 0.1% on the day Monday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.