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Iridium Communications Inc (IRDM) Shares Cross Above 200 DMA

By Market News Video Staff, Wednesday, June 22, 11:54 AM ET
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In trading on Wednesday, shares of Iridium Communications Inc (NASDAQ:IRDM) crossed above their 200 day moving average of $8.58, changing hands as high as $8.64 per share. Iridium Communications Inc shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of IRDM shares, versus its 200 day moving average:

Iridium Communications Inc 200 Day Moving Average Chart

Looking at the chart above, IRDM's low point in its 52 week range is $7.65 per share, with $11.13 as the 52 week high point that compares with a last trade of $8.49.

According to the ETF Finder at ETF Channel, IRDM makes up 1.40% of the Dynamic Utilities Portfolio ETF (AMEX:PUI) which is trading lower by about 0.2% on the day Wednesday.

See what other ETFs contain IRDM
See what other stocks are held by PUI

IRDM operates in the Communications Services sector, among companies like P.T. Telekomunikasi Indonesia (NYSE:TLK) which is up about 0.8% today, and Mobile Telesystems OJSC (NYSE:MBT) trading lower by about 1.3%. Below is a three month price history chart comparing the stock performance of IRDM, versus TLK and MBT.

IRDM,TLK,MBT Relative Performance Chart


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Iridium Communications Inc (IRDM) Shares Cross Above 200 DMA | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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