In trading on Wednesday, shares of Mimecast Ltd (NASDAQ:MIME) crossed below their 200 day moving average of $42.87, changing hands as low as $42.84 per share. Mimecast Ltd shares are currently trading down about 2.1% on the day. The chart below shows the one year performance of MIME shares, versus its 200 day moving average:
Looking at the chart above, MIME's low point in its 52 week range is $25.14 per share, with $54.40 as the 52 week high point — that compares with a last trade of $43.00.
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