IRDM Makes Notable Cross Below Critical Moving Average
In trading on Tuesday, shares of Iridium Communications Inc (Symbol: IRDM) crossed below their 200 day moving average of $40.34, changing hands as low as $39.61 per share. Iridium Communications Inc shares are currently trading down about 1.6% on the day. The chart below shows the one year performance of IRDM shares, versus its 200 day moving average:
Looking at the chart above, IRDM’s low point in its 52 week range is $32.85 per share, with $54.65 as the 52 week high point — that compares with a last trade of $40.60.
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.