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TSPT Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Thursday, November 10, 4:30 PM ET
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In trading on Thursday, shares of Transcept Pharmaceuticals Inc (NASDAQ:TSPT) crossed below their 200 day moving average of $7.63, changing hands as low as $7.62 per share. Transcept Pharmaceuticals Inc shares are currently trading down about 2.4% on the day. The chart below shows the one year performance of TSPT shares, versus its 200 day moving average:

Transcept Pharmaceuticals Inc 200 Day Moving Average Chart

Looking at the chart above, TSPT's low point in its 52 week range is $2.58 per share, with $11.88 as the 52 week high point — that compares with a last trade of $7.76.

TSPT operates in the Drugs & Pharmaceuticals sector, among companies like Anacor Pharmaceuticals Inc (NASDAQ:ANAC) which is up about 3.9% today, and Obagi Medical Products Inc (NASDAQ:OMPI) trading up by about 6.3%. Below is a three month price history chart comparing the stock performance of TSPT, versus ANAC and OMPI.

TSPT,ANAC,OMPI Relative Performance Chart


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This Article's Word Cloud:   ANAC   Average   Below   Investment   Moving   NASDAQ   OMPI   Pharmaceuticals   Portfolio   TSPT   Their   Transcept   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   growth   hands   history   leads   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with
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