Ubiquiti Networks Breaks Below 200-Day Moving Average - Notable for UBNT
In trading on Wednesday, shares of Ubiquiti Networks Inc (Symbol: UBNT) crossed below their 200 day moving average of $49.66, changing hands as low as $49.27 per share. Ubiquiti Networks Inc shares are currently trading down about 1.3% on the day. The chart below shows the one year performance of UBNT shares, versus its 200 day moving average:
Looking at the chart above, UBNT's low point in its 52 week range is $31.13 per share, with $64.62 as the 52 week high point - that compares with a last trade of $49.34.
UBNT makes up 2.58% of the ETF (Symbol: RORO)