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Bearish Two Hundred Day Moving Average Cross - SNTA

By Market News Video Staff, Friday, January 6, 11:45 AM ET
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In trading on Friday, shares of Synta Pharmaceuticals Corp (NASDAQ:SNTA) crossed below their 200 day moving average of $4.52, changing hands as low as $4.26 per share. Synta Pharmaceuticals Corp shares are currently trading off about 14.4% on the day. The chart below shows the one year performance of SNTA shares, versus its 200 day moving average:

Synta Pharmaceuticals Corp 200 Day Moving Average Chart

Looking at the chart above, SNTA's low point in its 52 week range is $3.02 per share, with $6.93 as the 52 week high point — that compares with a last trade of $4.39.

SNTA operates in the Biotechnology sector, among companies like Thermo Fisher Scientific Inc (NYSE:TMO) which is up about 1% today, and Biogen Idec Inc (NASDAQ:BIIB) trading up by about 0.8%. Below is a three month price history chart comparing the stock performance of SNTA, versus TMO and BIIB.

SNTA,TMO,BIIB Relative Performance Chart


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