In trading on Tuesday, shares of PURE Storage Inc (Symbol: PSTG) crossed below their 200 day moving average of $16.35, changing hands as low as $16.14 per share. PURE Storage Inc shares are currently trading off about 2% on the day. The chart below shows the one year performance of PSTG shares, versus its 200 day moving average:
Looking at the chart above, PSTG's low point in its 52 week range is $7.93 per share, with $20.50 as the 52 week high point — that compares with a last trade of $16.46.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.