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Citrix Systems, Inc. Breaks Above 200-Day Moving Average - Bullish for CTXS

By Market News Video Staff, Thursday, October 27, 4:51 PM ET
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In trading on Thursday, shares of Citrix Systems, Inc. (NASDAQ:CTXS) crossed above their 200 day moving average of $69.79, changing hands as high as $78.00 per share. Citrix Systems, Inc. shares are currently trading up about 16.9% on the day. The chart below shows the one year performance of CTXS shares, versus its 200 day moving average:

Citrix Systems, Inc. 200 Day Moving Average Chart

Looking at the chart above, CTXS's low point in its 52 week range is $50.21 per share, with $88.49 as the 52 week high point — that compares with a last trade of $75.22.

According to the ETF Finder at ETF Channel, CTXS makes up 5.34% of the Dynamic Networking Portfolio ETF (AMEX:PXQ) which is trading higher by about 5.8% on the day Thursday.

     See what other ETFs contain CTXS »
     See what other stocks are held by PXQ »

CTXS operates in the Application Software sector, among companies like Electronic Arts, Inc. (ERTS) which is up about 0.4% today, and Red Hat Inc (NYSE:RHT) trading up by about 5.9%. Below is a three month price history chart comparing the stock performance of CTXS, versus ERTS and RHT.

CTXS,ERTS,RHT Relative Performance Chart


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This Article's Word Cloud:   Above   According   Application   Below   CTXS   Channel   Citrix   ERTS   Investment   Moving   Networking   Portfolio   Software   Systems   Thursday   about   above   allows   asset   average   bonds   chart   classes   companies   completely   currently   designed   growth   hands   high   history   moving   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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