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In trading on Tuesday, shares of Mobile Telesystems OJSC (MBT) crossed above their 200 day ...

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Mobile Telesystems OJSC Breaks Above 200-Day Moving Average - Bullish for MBT

By Market News Video Staff, Thursday, April 28, 11:09 AM ET
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In trading on Thursday, shares of Mobile Telesystems OJSC (NYSE:MBT) crossed above their 200 day moving average of $21.03, changing hands as high as $21.12 per share. Mobile Telesystems OJSC shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of MBT shares, versus its 200 day moving average:

Mobile Telesystems OJSC 200 Day Moving Average Chart

Looking at the chart above, MBT's low point in its 52 week range is $17.58 per share, with $23.51 as the 52 week high point — that compares with a last trade of $21.12.

According to the ETF Finder at ETF Channel, MBT makes up 2.82% of the iShares MSCI Russia Capped Index Fund ETF (AMEX:ERUS) which is trading lower by about 0.4% on the day Thursday.

     See what other ETFs contain MBT »
     See what other stocks are held by ERUS »

MBT operates in the Communications Services sector, among companies like EchoStar Corp (NASDAQ:SATS) which is down about 0.4% today, and Global Crossing Ltd. (GLBC) trading lower by about 0.3%. Below is a three month price history chart comparing the stock performance of MBT, versus SATS and GLBC.

MBT,SATS,GLBC Relative Performance Chart


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This Article's Word Cloud:   According   Below   Channel   Crossing   ERUS   GLBC   Global   Investment   Mobile   Moving   OJSC   Russia   SATS   Telesystems   Thursday   about   above   allows   asset   average   chart   companies   completely   currently   designed   growth   hands   high   history   lower   mdash   moving   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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