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ADTN Crosses Below Key Moving Average Level

By Market News Video Staff, Wednesday, July 13, 11:49 AM ET
Play Video: Learn About The 200 DMA

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In trading on Wednesday, shares of Adtran, Inc. (NASDAQ:ADTN) crossed below their 200 day moving average of $38.91, changing hands as low as $37.47 per share. Adtran, Inc. shares are currently trading off about 6% on the day. The chart below shows the one year performance of ADTN shares, versus its 200 day moving average:

Adtran, Inc. 200 Day Moving Average Chart

Looking at the chart above, ADTN's low point in its 52 week range is $27.83 per share, with $47.70 as the 52 week high point that compares with a last trade of $37.52.

According to the ETF Finder at ETF Channel, ADTN makes up 2.49% of the iShares S&P North American Technology-Multimedia Networking Index Fund ETF (AMEX:IGN) which is trading higher by about 1.3% on the day Wednesday.

See what other ETFs contain ADTN
See what other stocks are held by IGN

ADTN operates in the Manufacturing sector, among companies like Zhone Technologies Inc (ZHNE) which is off about 0.9% today, and Superconductor Technologies Inc (NASDAQ:SCON) trading higher by about 5.1%. Below is a three month price history chart comparing the stock performance of ADTN, versus ZHNE and SCON.

ADTN,ZHNE,SCON Relative Performance Chart


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