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Sprint Nextel Corp (S) Shares Cross Below 200 DMA

By Market News Video Staff, Thursday, July 28, 11:01 AM ET
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In trading on Thursday, shares of Sprint Nextel Corp (NYSE:S) crossed below their 200 day moving average of $4.69, changing hands as low as $4.14 per share. Sprint Nextel Corp shares are currently trading down about 17.2% on the day. The chart below shows the one year performance of S shares, versus its 200 day moving average:

Sprint Nextel Corp 200 Day Moving Average Chart

Looking at the chart above, S's low point in its 52 week range is $3.70 per share, with $6.45 as the 52 week high point — that compares with a last trade of $4.26.

According to the ETF Finder at ETF Channel, S makes up 5.30% of the iShares Dow Jones U.S. Telecommunications Sector Index Fund ETF (AMEX:IYZ) which is trading lower by about 0.9% on the day Thursday.

     See what other ETFs contain S »
     See what other stocks are held by IYZ »

S operates in the Communications Services sector, among companies like China Telecom Corp Ltd (NYSE:CHA) which is up about 1% today, and Telecom Argentina SA (NYSE:TEO) trading up by about 0.2%. Below is a three month price history chart comparing the stock performance of S, versus CHA and TEO.

S,CHA,TEO Relative Performance Chart


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