In trading on Tuesday, shares of Red Hat Inc (Symbol: RHT) crossed above their 200 day moving average of $75.34, changing hands as high as $75.79 per share. Red Hat Inc shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of RHT shares, versus its 200 day moving average:
Looking at the chart above, RHT's low point in its 52 week range is $59.59 per share, with $82.73 as the 52 week high point - that compares with a last trade of $75.48.
According to the ETF Finder at ETF Channel, RHT makes up 4.21% of the First Trust Cloud Computing ETF (Symbol: SKYY) which is trading up by about 1.4% on the day Tuesday.
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