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BMY Crosses Below Key Moving Average Level
By Dividend Channel Staff, Thursday, August 2, 11:02 AM ET
In trading on Thursday, shares of Bristol-Myers Squibb Co. (NYSE:BMY) crossed below their 200 day moving average of $33.32, changing hands as low as $32.75 per share. Bristol-Myers Squibb Co. shares are currently trading down about 7.1% on the day. The chart below shows the one year performance of BMY shares, versus its 200 day moving average:
Looking at the chart above, BMY's low point in its 52 week range is $25.69 per share, with $36.34 as the 52 week high point — that compares with a last trade of $33.09.
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According to the ETF Finder at ETF Channel, BMY makes up 5.81% of the iShares Dow Jones U.S. Pharmaceuticals Index Fund ETF (AMEX:IHE) which is trading lower by about 1% on the day Thursday.
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