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AUDC Makes Notable Cross Below Critical Moving Average
By Market News Video Staff, Wednesday, October 28, 2:51 PM ET
In trading on Wednesday, shares of AudioCodes Ltd (NASDAQ:AUDC) crossed below their 200 day moving average of $29.79, changing hands as low as $28.80 per share. AudioCodes Ltd shares are currently trading off about 4.9% on the day. The chart below shows the one year performance of AUDC shares, versus its 200 day moving average:
Looking at the chart above, AUDC's low point in its 52 week range is $15.77 per share, with $44.94 as the 52 week high point — that compares with a last trade of $29.69.
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