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Infosys Ltd. Breaks Above 200-Day Moving Average - Bullish for INFY

By Market News Video Staff, Thursday, July 7, 1:41 PM ET
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In trading on Thursday, shares of Infosys Ltd. (NYSE:INFY) crossed above their 200 day moving average of $67.78, changing hands as high as $68.41 per share. Infosys Ltd. shares are currently trading up about 2.8% on the day. The chart below shows the one year performance of INFY shares, versus its 200 day moving average:

Infosys Ltd. 200 Day Moving Average Chart

Looking at the chart above, INFY's low point in its 52 week range is $56.73 per share, with $77.92 as the 52 week high point — that compares with a last trade of $68.29.

According to the ETF Finder at ETF Channel, INFY makes up 6.81% of the First Trust ISE Chindia Index Fund ETF (AMEX:FNI) which is trading up by about 1.4% on the day Thursday.

     See what other ETFs contain INFY »
     See what other stocks are held by FNI »

INFY operates in the Information Technology Services sector, among companies like International Business Machines Corp. (NYSE:IBM) which is off about 0.8% today, and Accenture plc (NYSE:ACN) trading up by about 1.7%. Below is a three month price history chart comparing the stock performance of INFY, versus IBM and ACN.

INFY,IBM,ACN Relative Performance Chart


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