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Philippine Long Distance Telephone Co. Breaks Above 200-Day Moving Average - Bullish for PHI

By Market News Video Staff, Friday, June 24, 4:12 PM ET
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In trading on Friday, shares of Philippine Long Distance Telephone Co. (NYSE:PHI) crossed above their 200 day moving average of $55.14, changing hands as high as $55.20 per share. Philippine Long Distance Telephone Co. shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of PHI shares, versus its 200 day moving average:

Philippine Long Distance Telephone Co. 200 Day Moving Average Chart

Looking at the chart above, PHI's low point in its 52 week range is $46.08 per share, with $64.54 as the 52 week high point that compares with a last trade of $55.00.

According to the ETF Finder at ETF Channel, PHI makes up 3.93% of the International Dividend Achievers Portfolio ETF (AMEX:PID) which is trading lower by about 0.2% on the day Friday.

See what other ETFs contain PHI
See what other stocks are held by PID

PHI operates in the Communications Services sector, among companies like Iridium Communications Inc (NASDAQ:IRDM) which is off about 0.7% today, and Sycamore Networks Inc (SCMR) trading up by about 0.8%. Below is a three month price history chart comparing the stock performance of PHI, versus IRDM and SCMR.

PHI,IRDM,SCMR Relative Performance Chart


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