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Bearish Two Hundred Day Moving Average Cross - LOGM

By Market News Video Staff, Tuesday, June 7, 5:25 PM ET
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In trading on Tuesday, shares of LogMeIn Inc (NASDAQ:LOGM) crossed below their 200 day moving average of $39.88, changing hands as low as $38.66 per share. LogMeIn Inc shares are currently trading down about 4.2% on the day. The chart below shows the one year performance of LOGM shares, versus its 200 day moving average:

LogMeIn Inc 200 Day Moving Average Chart

Looking at the chart above, LOGM's low point in its 52 week range is $24.82 per share, with $49.50 as the 52 week high point — that compares with a last trade of $39.69.

According to the ETF Finder at ETF Channel, LOGM makes up 3.12% of the Dynamic Networking Portfolio ETF (AMEX:PXQ) which is trading higher by about 0.8% on the day Tuesday.

     See what other ETFs contain LOGM »
     See what other stocks are held by PXQ »

LOGM operates in the Application Software sector, among companies like Ariba Inc. (ARBA) which is up about 1.9% today, and IAC/InterActiveCorp (NASDAQ:IACI) trading lower by about 0.7%. Below is a three month price history chart comparing the stock performance of LOGM, versus ARBA and IACI.

LOGM,ARBA,IACI Relative Performance Chart


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This Article's Word Cloud:   ARBA   According   Application   Below   Channel   ETFs   IACI   InterActiveCorp   Investment   LOGM   LogMeIn   Moving   Networking   Portfolio   Software   Tuesday   about   allows   asset   average   below   bonds   chart   classes   companies   completely   currently   designed   growth   hands   history   moving   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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