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SLXP Crosses Above Key Moving Average Level

By Market News Video Staff, Thursday, June 30, 4:38 PM ET
Play Video: Learn About The 200 DMA

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In trading on Thursday, shares of Salix Pharmaceuticals Ltd (NASDAQ:SLXP) crossed above their 200 day moving average of $39.60, changing hands as high as $39.99 per share. Salix Pharmaceuticals Ltd shares are currently trading up about 2.4% on the day. The chart below shows the one year performance of SLXP shares, versus its 200 day moving average:

Salix Pharmaceuticals Ltd 200 Day Moving Average Chart

Looking at the chart above, SLXP's low point in its 52 week range is $31.29 per share, with $49.05 as the 52 week high point that compares with a last trade of $39.83.

According to the ETF Finder at ETF Channel, SLXP makes up 4.23% of the SPDR S&P Pharmaceuticals ETF (AMEX:XPH) which is trading up by about 0.9% on the day Thursday.

See what other ETFs contain SLXP
See what other stocks are held by XPH

SLXP operates in the Drugs & Pharmaceuticals sector, among companies like Alimera Sciences, Inc. (NASDAQ:ALIM) which is off about 1.1% today, and Aegerion Pharmaceuticals Inc (NASDAQ:AEGR) trading lower by about 0.2%. Below is a three month price history chart comparing the stock performance of SLXP, versus ALIM and AEGR.

SLXP,ALIM,AEGR Relative Performance Chart


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