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ABT Crosses Below Key Moving Average Level

By Market News Video Staff, Wednesday, August 3, 11:38 AM ET
Now Playing: Learn About The 200 DMA


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In trading on Wednesday, shares of Abbott Laboratories (NYSE:ABT) crossed below their 200 day moving average of $49.78, changing hands as low as $49.36 per share. Abbott Laboratories shares are currently trading down about 1.6% on the day. The chart below shows the one year performance of ABT shares, versus its 200 day moving average:

Abbott Laboratories 200 Day Moving Average Chart

Looking at the chart above, ABT's low point in its 52 week range is $45.07 per share, with $54.24 as the 52 week high point — that compares with a last trade of $49.42.

ABT operates in the Drugs & Pharmaceuticals sector, among companies like Auxilium Pharmaceuticals Inc (NASDAQ:AUXL) which is off about 4.4% today, and MWI Veterinary Supply Inc (NASDAQ:MWIV) trading lower by about 1.5%. Below is a three month price history chart comparing the stock performance of ABT, versus AUXL and MWIV.

ABT,AUXL,MWIV Relative Performance Chart


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This Article's Word Cloud:   AUXL   Abbott   Average   Below   Drugs   Free   GROWTH   INVESTMENT   Laboratories   MWIV   Moving   NASDAQ   PORTFOLIO   Pharmaceuticals   Portfolio   Supply   Wednesday   about   among   asset   average   below   cash   chart   companies   completely   currently   designed   growth   hands   history   lower   moving   operates   performance   point   portfolio   price   range   share   shares   slideshow   stocks   terms   there   trading   versus   week   with   year
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