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Premiere Global Services Inc Breaks Above 200-Day Moving Average - Bullish for PGI

By Market News Video Staff, Monday, November 28, 11:31 AM ET
Play Video: Learn About The 200 DMA

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In trading on Monday, shares of Premiere Global Services Inc (NYSE:PGI) crossed above their 200 day moving average of $7.63, changing hands as high as $7.66 per share. Premiere Global Services Inc shares are currently trading up about 5.3% on the day. The chart below shows the one year performance of PGI shares, versus its 200 day moving average:

Premiere Global Services Inc 200 Day Moving Average Chart

Looking at the chart above, PGI's low point in its 52 week range is $5.60 per share, with $9.91 as the 52 week high point that compares with a last trade of $7.45.

According to the ETF Finder at ETF Channel, PGI makes up 2.83% of the Dynamic Software Portfolio ETF (AMEX:PSJ) which is trading higher by about 3.7% on the day Monday.

See what other ETFs contain PGI
See what other stocks are held by PSJ

PGI operates in the Business Services & Equipment sector, among companies like Visa Inc (NYSE:V) which is up about 4% today, and MasterCard Inc (NYSE:MA) trading higher by about 3.1%. Below is a three month price history chart comparing the stock performance of PGI, versus V and MA.

PGI,V,MA Relative Performance Chart


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