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Bearish Two Hundred Day Moving Average Cross - EBS

By Market News Video Staff, Tuesday, May 24, 1:59 PM ET
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In trading on Tuesday, shares of Emergent BioSolutions Inc (NYSE:EBS) crossed below their 200 day moving average of $20.82, changing hands as low as $20.54 per share. Emergent BioSolutions Inc shares are currently trading off about 1.5% on the day. The chart below shows the one year performance of EBS shares, versus its 200 day moving average:

Emergent BioSolutions Inc 200 Day Moving Average Chart

Looking at the chart above, EBS's low point in its 52 week range is $14.20 per share, with $25.24 as the 52 week high point — that compares with a last trade of $20.56.

According to the ETF Finder at ETF Channel, EBS makes up 2.42% of the Dynamic Biotechnology & Genome Portfolio ETF (AMEX:PBE) which is trading lower by about 0.5% on the day Tuesday.

     See what other ETFs contain EBS »
     See what other stocks are held by PBE »

EBS operates in the Biotechnology sector, among companies like Talecris Biotherapeutics Holdings Corp (TLCR) which is up about 0.3% today, and Covance Inc. (NYSE:CVD) trading higher by about 0.5%. Below is a three month price history chart comparing the stock performance of EBS, versus TLCR and CVD.

EBS,TLCR,CVD Relative Performance Chart


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