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BSFT Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Wednesday, October 12, 1:36 PM ET
Play Video: Learn About The 200 DMA


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In trading on Wednesday, shares of BroadSoft Inc (NASDAQ:BSFT) crossed above their 200 day moving average of $35.73, changing hands as high as $37.90 per share. BroadSoft Inc shares are currently trading up about 9.4% on the day. The chart below shows the one year performance of BSFT shares, versus its 200 day moving average:

BroadSoft Inc 200 Day Moving Average Chart

Looking at the chart above, BSFT's low point in its 52 week range is $8.87 per share, with $55.45 as the 52 week high point that compares with a last trade of $37.45.

BSFT operates in the Application Software sector, among companies like BMC Software, Inc. (BMC) which is up about 1.8% today, and Autodesk Inc. (NASDAQ:ADSK) trading up by about 2.9%. Below is a three month price history chart comparing the stock performance of BSFT, versus BMC and ADSK.

BSFT,BMC,ADSK Relative Performance Chart


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This Article's Word Cloud:   ADSK   Above   Application   Average   BSFT   Below   BroadSoft   Call   Definition   ETFs   Earnings   Investment   Moving   Portfolio   Relevant   Software   Wednesday   What   about   above   allows   among   asset   average   chart   companies   completely   currently   designed   growth   hands   high   history   moving   operates   performance   point   portfolio   price   range   share   shares   short   stocks   terms   trading   versus   week   with   year
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