QLGC Crosses Below Key Moving Average Level Monday, April 18, 2:07 PM ET, by Market News Video Staff In trading on Monday, shares of QLogic Corp. (QLGC) crossed below their 200 day moving ...
In trading on Wednesday, shares of LogMeIn Inc (NASDAQ:LOGM) crossed below their 200 day moving average of $37.99, changing hands as low as $37.55 per share. LogMeIn Inc shares are currently trading off about 1% on the day. The chart below shows the one year performance of LOGM shares, versus its 200 day moving average:
Looking at the chart above, LOGM's low point in its 52 week range is $26.74 per share, with $49.50 as the 52 week high point — that compares with a last trade of $38.23.
According to the ETF Finder at ETF Channel, LOGM makes up 2.71% of the Dynamic Networking Portfolio ETF (AMEX:PXQ) which is trading lower by about 1.2% on the day Wednesday.
LOGM operates in the Application Software sector, among companies like Netsuite Inc (NYSE:N) which is down about 2.2% today, and Shanda Interactive Entertainment Ltd (SNDA) trading relatively unchanged. Below is a three month price history chart comparing the stock performance of LOGM, versus N and SNDA.
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