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LDK Crosses Above Key Moving Average Level

By Market News Video Staff, Friday, February 3, 4:49 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Friday, shares of LDK Solar Co., Ltd. (NYSE:LDK) crossed above their 200 day moving average of $5.69, changing hands as high as $5.73 per share. LDK Solar Co., Ltd. shares are currently trading up about 4.8% on the day. The chart below shows the one year performance of LDK shares, versus its 200 day moving average:

LDK Solar Co., Ltd. 200 Day Moving Average Chart

Looking at the chart above, LDK's low point in its 52 week range is $2.55 per share, with $14.97 as the 52 week high point — that compares with a last trade of $5.66.

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According to the ETF Finder at ETF Channel, LDK makes up 4.46% of the Solar Energy ETF (AMEX:KWT) which is trading up by about 2.5% on the day Friday.

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