In trading on Friday, shares of Momo Inc (Symbol: MOMO) crossed above their 200 day moving average of $34.17, changing hands as high as $35.00 per share. Momo Inc shares are currently trading up about 13.9% on the day. The chart below shows the one year performance of MOMO shares, versus its 200 day moving average:
Looking at the chart above, MOMO's low point in its 52 week range is $22.49 per share, with $46.69 as the 52 week high point - that compares with a last trade of $34.90.
According to the ETF Finder at ETF Channel, MOMO makes up 3.30% of the PowerShares Golden Dragon China Portfolio ETF (Symbol: PGJ) which is trading up by about 1.1% 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.