Adtran Shares Cross Above 200 DMA

In trading on Thursday, shares of Adtran, Inc. (Symbol: ADTN) crossed above their 200 day moving average of $20.31, changing hands as high as $20.32 per share. Adtran, Inc. shares are currently trading up about 5.5% on the day. The chart below shows the one year performance of ADTN shares, versus its 200 day moving average: Adtran, Inc. 200 Day Moving Average Chart

Looking at the chart above, ADTN’s low point in its 52 week range is $17.06 per share, with $23.75 as the 52 week high point – that compares with a last trade of $20.40.

According to the ETF Finder at ETF Channel, ADTN makes up 2.42% of the PowerShares Dynamic Networking Portfolio ETF (Symbol: PXQ) which is trading up by about 1.5% on the day Thursday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

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