In trading on Tuesday, shares of Shenandoah Telecommunications Co (Symbol: SHEN) crossed below their 200 day moving average of $33.31, changing hands as low as $32.60 per share. Shenandoah Telecommunications Co shares are currently trading off about 4.5% on the day. The chart below shows the one year performance of SHEN shares, versus its 200 day moving average:
Looking at the chart above, SHEN's low point in its 52 week range is $25.35 per share, with $41.80 as the 52 week high point - that compares with a last trade of $32.65.
According to the ETF Finder at ETF Channel, SHEN makes up 4.49% of the iShares U.S. Telecommunications ETF (Symbol: IYZ) which is trading lower by about 2.2% on the day Tuesday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.