In trading on Monday, shares of NVE Corp (NASDAQ:NVEC) crossed below their 200 day moving average of $58.37, changing hands as low as $57.27 per share. NVE Corp shares are currently trading down about 4.3% on the day. The chart below shows the one year performance of NVEC shares, versus its 200 day moving average:
Looking at the chart above, NVEC's low point in its 52 week range is $41.82 per share, with $69.46 as the 52 week high point — that compares with a last trade of $58.03.
According to the ETF Finder at ETF Channel, NVEC makes up 10.76% of the Lux Nanotech Portfolio ETF (PXN) which is trading lower by about 5.6% on the day Monday.
NVEC operates in the Semiconductors sector, among companies like Cree, Inc. (NASDAQ:CREE) which is down about 10% today, and LSI Corp (NYSE:LSI) trading lower by about 6.4%. Below is a three month price history chart comparing the stock performance of NVEC, versus CREE and LSI.
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