In trading on Friday, shares of Broadcom Inc (Symbol: AVGO) crossed below their 200 day moving average of $257.61, changing hands as low as $255.74 per share. Broadcom Inc shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of AVGO shares, versus its 200 day moving average:
Looking at the chart above, AVGO's low point in its 52 week range is $197.4567 per share, with $323.20 as the 52 week high point — that compares with a last trade of $255.94.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.