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LITE Crosses Below Key Moving Average Level
By Market News Video Staff, Friday, April 30, 3:21 PM ET
In trading on Friday, shares of Lumentum Holdings Inc (NASDAQ:LITE) crossed below their 200 day moving average of $87.94, changing hands as low as $87.27 per share. Lumentum Holdings Inc shares are currently trading down about 5.6% on the day. The chart below shows the one year performance of LITE shares, versus its 200 day moving average:
Looking at the chart above, LITE's low point in its 52 week range is $66.33 per share, with $112.08 as the 52 week high point — that compares with a last trade of $86.95.
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