In trading on Wednesday, shares of HDFC Bank Ltd (Symbol: HDB) crossed below their 200 day moving average of $109.92, changing hands as low as $109.81 per share. HDFC Bank Ltd shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of HDB shares, versus its 200 day moving average:
Looking at the chart above, HDB's low point in its 52 week range is $85.43 per share, with $131.78 as the 52 week high point — that compares with a last trade of $110.00.
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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