In trading on Monday, shares of Patni Computer Systems Ltd (PTI) crossed below their 200 day moving average of $20.84, changing hands as low as $20.79 per share. Patni Computer Systems Ltd shares are currently trading off about 2.1% on the day. The chart below shows the one year performance of PTI shares, versus its 200 day moving average:
Looking at the chart above, PTI's low point in its 52 week range is $18.11 per share, with $28.33 as the 52 week high point — that compares with a last trade of $20.87.
According to the ETF Finder at ETF Channel, PTI makes up 4.48% of the Guggenheim Timber ETF (AMEX:CUT) which is trading lower by about 2.7% on the day Monday.
PTI operates in the Information Technology Services sector, among companies like ManTech International Corp (NASDAQ:MANT) which is off about 3.6% today, and Synnex Corp (NYSE:SNX) trading lower by about 1.8%. Below is a three month price history chart comparing the stock performance of PTI, versus MANT and SNX.
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