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PRGX Global, Inc. Breaks Below 200-Day Moving Average - Bearish for PRGX

By Market News Video Staff, Tuesday, July 26, 11:46 AM ET
Play Video: Learn About The 200 DMA

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In trading on Tuesday, shares of PRGX Global, Inc. (NASDAQ:PRGX) crossed below their 200 day moving average of $6.50, changing hands as low as $6.23 per share. PRGX Global, Inc. shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of PRGX shares, versus its 200 day moving average:

PRGX Global, Inc. 200 Day Moving Average Chart

Looking at the chart above, PRGX's low point in its 52 week range is $4.67 per share, with $8.39 as the 52 week high point that compares with a last trade of $6.85.

PRGX operates in the Business Services & Equipment sector, among companies like Healthcare Services Group, Inc. (NASDAQ:HCSG) which is down about 0.8% today, and Higher One Holdings Inc. (NYSE:ONE) trading lower by about 0.5%. Below is a three month price history chart comparing the stock performance of PRGX, versus HCSG and ONE.

PRGX,HCSG,ONE Relative Performance Chart


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