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LMAT Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Thursday, July 28, 5:04 PM ET
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In trading on Thursday, shares of LeMaitre Vascular Inc (NASDAQ:LMAT) crossed below their 200 day moving average of $6.86, changing hands as low as $6.64 per share. LeMaitre Vascular Inc shares are currently trading down about 3.8% on the day. The chart below shows the one year performance of LMAT shares, versus its 200 day moving average:

LeMaitre Vascular Inc 200 Day Moving Average Chart

Looking at the chart above, LMAT's low point in its 52 week range is $5.20 per share, with $7.50 as the 52 week high point — that compares with a last trade of $6.79.

LMAT operates in the Medical Instruments & Supplies sector, among companies like CareFusion Corp (NYSE:CFN) which is off about 0.8% today, and Varian Medical Systems, Inc. (NYSE:VAR) trading lower by about 7.6%. Below is a three month price history chart comparing the stock performance of LMAT, versus CFN and VAR.

LMAT,CFN,VAR Relative Performance Chart


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This Article's Word Cloud:   Average   Below   CareFusion   Investment   LMAT   LeMaitre   Medical   Moving   NYSE   Portfolio   Systems   Varian   Vascular   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   history   leads   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with
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