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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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