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PMC-Sierra Inc. Breaks Below 200-Day Moving Average - Notable for PMCS

By Market News Video Staff, Wednesday, May 30, 12:29 PM ET
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In trading on Wednesday, shares of PMC-Sierra Inc. (PMCS) crossed below their 200 day moving average of $6.36, changing hands as low as $6.33 per share. PMC-Sierra Inc. shares are currently trading down about 2.3% on the day. The chart below shows the one year performance of PMCS shares, versus its 200 day moving average:

PMC-Sierra Inc. 200 Day Moving Average Chart

Looking at the chart above, PMCS's low point in its 52 week range is $4.91 per share, with $7.85 as the 52 week high point that compares with a last trade of $6.38.

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According to the ETF Finder at ETF Channel, PMCS makes up 2.92% of the Dynamic Networking Portfolio ETF (AMEX:PXQ) which is trading lower by about 1.7% on the day Wednesday.

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