In trading on Thursday, shares of Cisco Systems Inc (Symbol: CSCO) crossed below their 200 day moving average of $31.68, changing hands as low as $30.37 per share. Cisco Systems Inc shares are currently trading down about 7.3% on the day. The chart below shows the one year performance of CSCO shares, versus its 200 day moving average:
Looking at the chart above, CSCO's low point in its 52 week range is $26.49 per share, with $34.53 as the 52 week high point - that compares with a last trade of $31.36.
According to the ETF Finder at ETF Channel, CSCO makes up 7.75% of the iShares North American Tech-Multimedia Networking ETF (Symbol: IGN) which is trading lower by about 0.6% 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.