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XBIT Crosses Below Key Moving Average Level
By Market News Video Staff, Wednesday, July 29, 4:43 PM ET
In trading on Wednesday, shares of XBiotech Inc (NASDAQ:XBIT) crossed below their 200 day moving average of $14.68, changing hands as low as $14.60 per share. XBiotech Inc shares are currently trading off about 5.7% on the day. The chart below shows the one year performance of XBIT shares, versus its 200 day moving average:
Looking at the chart above, XBIT's low point in its 52 week range is $6.84 per share, with $26.40 as the 52 week high point — that compares with a last trade of $14.80.
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