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Insmed Inc Breaks Above 200-Day Moving Average - Bullish for INSM

By Market News Video Staff, Wednesday, March 31, 4:31 PM ET
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In trading on Wednesday, shares of Insmed Inc (NASDAQ:INSM) crossed above their 200 day moving average of $34.06, changing hands as high as $34.39 per share. Insmed Inc shares are currently trading up about 5.5% on the day. The chart below shows the one year performance of INSM shares, versus its 200 day moving average:

Insmed Inc 200 Day Moving Average Chart

Looking at the chart above, INSM's low point in its 52 week range is $13.7699 per share, with $45.44 as the 52 week high point — that compares with a last trade of $34.06.


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