Markets

SATS Makes Notable Cross Below Critical Moving Average

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Shutterstock photo

Shutterstock photo

In trading on Wednesday, shares of EchoStar Corp (Symbol: SATS) crossed below their 200 day moving average of $58.16, changing hands as low as $58.00 per share. EchoStar Corp shares are currently trading off about 1.8% on the day. The chart below shows the one year performance of SATS shares, versus its 200 day moving average:

EchoStar Corp 200 Day Moving Average Chart

Looking at the chart above, SATS's low point in its 52 week range is $49.82 per share, with $62.50 as the 52 week high point - that compares with a last trade of $58.26.

According to the ETF Finder at ETF Channel, SATS makes up 10.71% of the iShares Russell 1000 Pure U.S. Revenue ETF (Symbol: AMCA) which is trading higher by about 0.3% on the day Wednesday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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