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RITT Crosses Below Key Moving Average Level

By Market News Video Staff, Thursday, May 12, 3:17 PM ET
Play Video: Learn About The 200 DMA


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In trading on Thursday, shares of RIT Technologies Ltd. (NASDAQ:RITT) crossed below their 200 day moving average of $5.13, changing hands as low as $4.16 per share. RIT Technologies Ltd. shares are currently trading down about 25.6% on the day. The chart below shows the one year performance of RITT shares, versus its 200 day moving average:

RIT Technologies Ltd. 200 Day Moving Average Chart

Looking at the chart above, RITT's low point in its 52 week range is $1.10 per share, with $13.45 as the 52 week high point that compares with a last trade of $4.16.

RITT operates in the Communications Services sector, among companies like Brasil Telecom S.A. (BTM) which is down about 0.6% today, and Vodafone Group Plc (NASDAQ:VOD) trading lower by about 0.6%. Below is a three month price history chart comparing the stock performance of RITT, versus BTM and VOD.

RITT,BTM,VOD Relative Performance Chart


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This Article's Word Cloud:   Average   Below   Call   Definition   ETFs   Earnings   Free   Industrial   Moving   Portfolio   Price   RITT   Short   Technologies   Telecom   Traded   about   among   asset   average   below   cash   chart   companies   completely   currently   designed   down   growth   hands   history   lower   moving   operates   performance   point   portfolio   price   range   share   shares   slideshow   stocks   terms   there   trading   versus   week   with   year
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