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XTL

UBNT Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of Ubiquiti Networks Inc (Symbol: UBNT) crossed below their 200 day moving average of $31.22, changing hands as low as $31.15 per share. Ubiquiti Networks Inc shares are currently trading down about 1.5% on the day. The chart below shows the one year performance of UBNT shares, versus its 200 day moving average:

Ubiquiti Networks Inc 200 Day Moving Average Chart

Looking at the chart above, UBNT's low point in its 52 week range is $25.50 per share, with $39.15 as the 52 week high point - that compares with a last trade of $31.47.

According to the ETF Finder at ETF Channel, UBNT makes up 2.02% of the SPDR S&P Telecom ETF (Symbol: XTL) which is trading relatively unchanged on the day Monday.

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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