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In trading on Thursday, shares of Iridium Communications Inc (NASDAQ:IRDM) crossed above their 200 day moving average of $8.53, changing hands as high as $8.82 per share. Iridium Communications Inc shares are currently trading up about 3.7% on the day. The chart below shows the one year performance of IRDM shares, versus its 200 day moving average:
Looking at the chart above, IRDM's low point in its 52 week range is $7.65 per share, with $10.53 as the 52 week high point — that compares with a last trade of $8.68.
IRDM operates in the Communications Services sector, among companies like Nippon Telegraph & Telephone Corp. (NTT) which is trading flat today, and Solarwinds Inc (SWI) trading lower by about 1.3%. Below is a three month price history chart comparing the stock performance of IRDM, versus NTT and SWI.
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