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Sonic Foundry, Inc. Breaks Below 200-Day Moving Average - Bearish for SOFO

By Market News Video Staff, Wednesday, May 4, 1:41 PM ET
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In trading on Wednesday, shares of Sonic Foundry, Inc. (NASDAQ:SOFO) crossed below their 200 day moving average of $13.02, changing hands as low as $13.01 per share. Sonic Foundry, Inc. shares are currently trading off about 1.3% on the day. The chart below shows the one year performance of SOFO shares, versus its 200 day moving average:

Sonic Foundry, Inc. 200 Day Moving Average Chart

Looking at the chart above, SOFO's low point in its 52 week range is $5.84 per share, with $17.32 as the 52 week high point — that compares with a last trade of $13.20.

SOFO operates in the Application Software sector, among companies like Take-Two Interactive Software, Inc. (NASDAQ:TTWO) which is down about 2.7% today, and Aspen Technology Inc (NASDAQ:AZPN) trading higher by about 5.5%. Below is a three month price history chart comparing the stock performance of SOFO, versus TTWO and AZPN.

SOFO,TTWO,AZPN Relative Performance Chart


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This Article's Word Cloud:   AZPN   Application   Average   Below   Foundry   Free   GROWTH   INVESTMENT   Interactive   Moving   NASDAQ   PORTFOLIO   Portfolio   SOFO   Software   Sonic   TTWO   about   among   asset   average   below   cash   chart   companies   completely   currently   designed   growth   hands   history   mdash   moving   operates   performance   point   portfolio   price   range   share   shares   slideshow   stocks   terms   there   trading   versus   week   with   year
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Sonic Foundry, Inc. Breaks Below 200-Day Moving Average - Bearish for SOFO | Market News Video | Copyright © 2008 - 2012, All Rights Reserved

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