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Stratasys, Inc. Breaks Below 200-Day Moving Average - Bearish for SSYS

By Market News Video Staff, Monday, May 23, 11:54 AM ET
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In trading on Monday, shares of Stratasys, Inc. (NASDAQ:SSYS) crossed below their 200 day moving average of $35.66, changing hands as low as $34.14 per share. Stratasys, Inc. shares are currently trading off about 4.5% on the day. The chart below shows the one year performance of SSYS shares, versus its 200 day moving average:

Stratasys, Inc. 200 Day Moving Average Chart

Looking at the chart above, SSYS's low point in its 52 week range is $20.81 per share, with $55.66 as the 52 week high point that compares with a last trade of $34.19.

SSYS operates in the Computers sector, among companies like Zagg Inc (NASDAQ:ZAGG) which is off about 3.8% today, and Cray Inc (NASDAQ:CRAY) trading lower by about 2%. Below is a three month price history chart comparing the stock performance of SSYS, versus ZAGG and CRAY.

SSYS,ZAGG,CRAY Relative Performance Chart


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