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Affymax Inc Breaks Below 200-Day Moving Average - Bearish for AFFY

By Market News Video Staff, Monday, April 18, 3:09 PM ET
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In trading on Monday, shares of Affymax Inc (NASDAQ:AFFY) crossed below their 200 day moving average of $6.26, changing hands as low as $6.20 per share. Affymax Inc shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of AFFY shares, versus its 200 day moving average:

Affymax Inc 200 Day Moving Average Chart

Looking at the chart above, AFFY's low point in its 52 week range is $4.90 per share, with $26.20 as the 52 week high point — that compares with a last trade of $6.24.

AFFY operates in the Biotechnology sector, among companies like Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) which is up about 6.7% today, and Qiagen N.V. (NASDAQ:QGEN) trading lower by about 2.3%. Below is a three month price history chart comparing the stock performance of AFFY, versus REGN and QGEN.

AFFY,REGN,QGEN Relative Performance Chart


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This Article's Word Cloud:   AFFY   Affymax   Average   Below   Biotechnology   Free   GROWTH   INVESTMENT   Moving   NASDAQ   PORTFOLIO   Pharmaceuticals   Portfolio   QGEN   Qiagen   REGN   about   among   asset   average   below   cash   chart   companies   completely   currently   designed   growth   hands   history   lower   mdash   moving   operates   performance   point   portfolio   price   range   share   shares   slideshow   stocks   terms   there   trading   versus   week   with   year
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