In trading on Friday, shares of Youku Tudou Inc (Symbol: YOKU) crossed above their 200 day moving average of $19.05, changing hands as high as $19.66 per share. Youku Tudou Inc shares are currently trading up about 10.7% on the day. The chart below shows the one year performance of YOKU shares, versus its 200 day moving average:
Looking at the chart above, YOKU's low point in its 52 week range is $11.85 per share, with $31.50 as the 52 week high point - that compares with a last trade of $19.38.
According to the ETF Finder at ETF Channel, YOKU makes up 2.44% of the PowerShares Golden Dragon China Portfolio ETF (Symbol: PGJ) which is trading up by about 5.9% on the day Friday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.