In trading on Friday, shares of Insmed Inc (Symbol: INSM) crossed below their 200 day moving average of $23.44, changing hands as low as $21.90 per share. Insmed Inc shares are currently trading down about 8.9% on the day. The chart below shows the one year performance of INSM shares, versus its 200 day moving average:
Looking at the chart above, INSM's low point in its 52 week range is $11.49 per share, with $33.94 as the 52 week high point - that compares with a last trade of $22.66.
According to the ETF Finder at ETF Channel, INSM makes up 1.04% of the PowerShares DWA Healthcare Momentum Portfolio ETF (Symbol: PTH) which is trading lower by about 1.2% on the day Friday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.