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LOGM Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Wednesday, January 4, 2:00 PM ET
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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:

LogMeIn Inc 200 Day Moving Average Chart

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.

     See what other ETFs contain LOGM »
     See what other stocks are held by PXQ »

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.

LOGM,N,SNDA Relative Performance Chart


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This Article's Word Cloud:   According   Application   Below   Days   ETFs   Entertainment   Interactive   Join   LOGM   LogMeIn   Moving   Netsuite   Networking   Portfolio   SNDA   Seven   Shanda   Software   Wednesday   about   above   among   average   below   chart   companies   contain   conversation   currently   hands   history   income   moving   other   performance   point   price   range   raquo   share   shares   special   stocks   trading   unchanged   versus   week   what   which   with
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