In trading on Wednesday, shares of Novartis (NYSE:NVS) crossed below their 200 day moving average of $57.64, changing hands as low as $57.48 per share. Novartis shares are currently trading down about 1% on the day. The chart below shows the one year performance of NVS shares, versus its 200 day moving average:
Looking at the chart above, NVS's low point in its 52 week range is $51.60 per share, with $64.82 as the 52 week high point — that compares with a last trade of $57.59.
NVS operates in the Drugs & Pharmaceuticals sector, among companies like DepoMed, Inc. (NASDAQ:DEPO) which is off about 1.3% today, and Corcept Therapeutics Inc (NASDAQ:CORT) trading lower by about 1.4%. Below is a three month price history chart comparing the stock performance of NVS, versus DEPO and CORT.
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