In trading on Friday, shares of Red Hat Inc (NYSE:RHT) crossed above their 200 day moving average of $54.36, changing hands as high as $55.42 per share. Red Hat Inc shares are currently trading up about 3.9% on the day. The chart below shows the one year performance of RHT shares, versus its 200 day moving average:
Looking at the chart above, RHT's low point in its 52 week range is $39.19 per share, with $62.75 as the 52 week high point — that compares with a last trade of $54.74.
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