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Bullish Two Hundred Day Moving Average Cross - ULTI

By Market News Video Staff, Wednesday, October 12, 11:56 AM ET
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In trading on Wednesday, shares of Ultimate Software Group, Inc. (NASDAQ:ULTI) crossed above their 200 day moving average of $52.50, changing hands as high as $52.59 per share. Ultimate Software Group, Inc. shares are currently trading up about 1% on the day. The chart below shows the one year performance of ULTI shares, versus its 200 day moving average:

Ultimate Software Group, Inc. 200 Day Moving Average Chart

Looking at the chart above, ULTI's low point in its 52 week range is $38.40 per share, with $60.43 as the 52 week high point — that compares with a last trade of $52.35.

ULTI operates in the Application Software sector, among companies like BMC Software, Inc. (NASDAQ:BMC) which is up about 2.7% today, and Autodesk Inc. (NASDAQ:ADSK) trading higher by about 3.5%. Below is a three month price history chart comparing the stock performance of ULTI, versus BMC and ADSK.

ULTI,BMC,ADSK Relative Performance Chart


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This Article's Word Cloud:   ADSK   Application   Below   Group   Investment   Moving   Portfolio   Software   Their   ULTI   Ultimate   Wednesday   about   above   allows   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   growth   hands   high   higher   history   leads   month   moving   performance   point   portfolio   price   program   range   raquo   share   shares   short   terms   trading   versus   week   with
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